Orascom arch executive stairs down- statement

CAIRO Dec 4 (Reuters) – Orascom Telecom Media and
Technology pronounced on Sunday a arch executive officer will step
down and it nominated
Tamer El Mahdi as his successor.

“Naguib Sawiris has submitted his abdication from his
position as CEO effective Jan 1st, 2017,” a association said
in a statement.

“Mr. Sawiris will continue to assume all responsibilities
of his stream position until a appointment of a new CEO is
completed and purebred with regulatory authorities,” it added.

(Reporting by Amina Ismail; Editing by Alexandra Hudson)

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