Since its inception in 2010, Es'hailSat, the Qatar Satellite Company, has grown into a major satellite operator in the Middle East. Es’hailSat’s satellites, the Es’hail-1 and Es’hail-2 are currently transmitting high quality, premium DTH television content across the MENA region.

Read more: Es’hailSat talks demand and future of satellite communications

The global telecommunications industry is a unique and vibrant industry that is constantly evolving due to the new technologies and infrastructure which continue to filter into the market. Now more than ever, telcos depend on the adaptation to a digitized environment, the efficiency and optimization of business processes, as well as monitoring and reporting capabilities.  

Read more: Atrebo towards excellence and process automation

COVID-19 has highlighted the importance of telecommunications and the need to have resilient infrastructure capable of ensuring a seamless experience in light of the rise of remote experiences’ trend. EY published recently a study entitled “Top 10 risks in telecommunications” which sees failure to maintain network resilience in a post-pandemic world emerge as the most pressing challenge for the industry. Telecom Review spoke to Tom Loozen, EY global telecommunications leader, to discuss the outcomes of the study and highlight its main findings.

Read more: The challenge of maintaining network resilience

Satellite and Broadcasting
Typography

Al Yah Satellite Communications Company (Yahsat), UAE-based global satellite operator, announced that its Board of Directors has appointed Andrew Cole as Chief Financial Officer (CFO). He will assume the position from 1 July onwards.

Andrew joins Yahsat soon after the company boosted its leadership with four Emirati executive appointments to lead its government, commercial, operational and technical business units.

Andrew has 25 years of cross-sector experience in senior finance, operational and advisory roles. From 2015 to 2019, he was the Group Financial Controller at SES, a company with a constellation of Geostationary and Medium Earth Orbit Satellites.

His primary functions covered all aspects of Finance including Financial Planning, Governance, Risk (including satellite insurance) and Compliance, Accounting and Global Controlling operations. He has also worked for EY and KPMG London as an external auditor and business advisor to many global enterprises. His experience during his years in an external advisory role includes M&A and Financing, Corporate Restructuring, Commercial Planning, Tax, Treasury, Audit & Accounting as well as Risk Management.

Andrew is a Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW). He has an Executive MBA degree from Ecole Nationale des Ponts et Chaussées and a Post Graduate certificate in International Business from the University of Edinburgh.

He succeeds the current CFO, Balakrishnan Doraisamy, who will be retiring, having served Yahsat for almost 12 years. Balakrishnan will continue to be part of the company as Strategic Advisor.

Masood M. Sharif Mahmood, Chief Executive Officer of Yahsat, said, “I am most happy to welcome Andrew into our midst as the new CFO of Yahsat. As we continue to intensify our expansion program across the globe, Andrew’s wealth of experience, especially in the satellite sector, will be highly beneficial to us. He has an excellent record at all finance and operational leadership levels, and I am sure he will bring great value to Yahsat.”

Andrew said, “Yahsat is a young, ambitious company that has grown exponentially in a short span of time. I am delighted to join its dynamic leadership team at a most exciting phase, and thank the Board of Directors for the confidence they have placed in me. I look forward to working with its multicultural workforce, and together we aim to continue the legacy and deliver a strong future for the company.”

Advertisement