Starcomms appoints new directors

Starcomms Plc. has notified The Exchange of the appointment of Messrs Odein Ajumogobia (SAN) and Mahendra Bakhda, both of whom were offered for appointment and duly voted in by the shareholders at the Company’s 14th Annual General Meeting which was held at the Transcorp Hilton, Abuja on December 28, 2012.

Mr. Odein Ajumogobia is a fellow of Chartered Institute of Arbitrator (London) FCI Arb, graduated from University of Lagos in 1978 with LL.B (Hons.). Obtained B.L. and got admitted to the Nigerian Bar in 1979; obtained LL.M from Harvard Law School, Cambridge in 1988. Mr. Ajumogobia is a Senior Advocate of Nigeria (SAN) and founding Partner of Ajumogobia & Okeke, Nigeria’s largest full service business law firm.

He served previously in various capacities as Nigeria’s Minister for Foreign Affairs (2010 – 2011), Minister of State for Petroleum Resources (2008 – 2010), Minister of State for Energy (2007 – 2008) and Attorney General for Rivers State (2003 – 2007).

Mr. Ajumogobia is a Nigerian and hails from Rivers State.

Mr. Mahendra Bakhda is a British citizen and qualified as a Fellow of the Association of Chartered Certified Accountants in 1977. Between the years 1983 to 1988, Mr. Bakhda served as Finance Director for Baxhor Trading Limited and Lonbridge Shipping Limited, a company whose area of interests included Property, Trade Finance, and Forwarding & Shipping Agents. He left Baxhor Trading Limited and Lonbridge Shipping Limited in 1988 and took up Group Treasury functions for Greenoak Holdings Group of Companies, and has held unto this capacity till date.

Mr. Bakhda is a specialist and has been involved in Corporate and Commercial Finance transactions with specific hands on responsibility for major projects in negotiations, conduct of due diligence, raising project finance and maintaining management control. The range of Projects included property companies in the UK, Portugal, Moscow, Cyprus and Mauritius as well as Oil Production in Russia, Georgia and Estonia amongst others.