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Azeez Amida Exits as CEO of Pan African Towers
Azeez Amida exits as CEO: Amida Azeez has resigned as the Chief Executive Officer of Pan African Towers Limited, stating that his opportunity cycle at the company had ended.
His decision marks the conclusion of a two-and-a-half-year tenure characterized by significant achievements, including record-breaking revenue growth, business expansion, and high-profile appointments.
Azeez Amida Exits as CEO
Amida’s departure marks the end of an era defined by phenomenal growth and innovation at PAT, a leading digital infrastructure provider in Nigeria.
Under his stewardship, the company experienced a staggering growth rate of approximately 400 percent within two years, solidifying its position in the competitive Nigerian telecommunications landscape. His leadership facilitated shareholder exits and secured funding that delivered impressive double-digit returns.
In an announcement shared on LinkedIn, the business executive expressed gratitude for his team’s support and the significant milestones achieved during his tenure.
“When I entered PAT, I knew we had to perform a miracle to drive the company to its rightful place in the Nigerian Tower Infrastructure business landscape,” Amida’s LinkedIn post stated. “We did perform a miracle.”
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Amida’s Exploit In His Previous Companies
Amida’s exit comes from recent strategic investments from Development Partners International (DPI) and Verod Capital, which aim to further accelerate PAT’s growth trajectory.
The partnership is expected to enhance operational efficiency and expand PAT’s footprint across Nigeria, where there is a pressing need for improved telecommunications infrastructure.
Before joining Pan African Towers, Amida served as the CEO of IHS Rwanda, where he led the company to significant growth, adding over 250 towers and generating annual revenue of approximately $50 million.
His previous roles include Head of Financial Planning and Treasury at Food Concepts Plc, Senior Analyst at Kaizen Venture Partners, Portfolio Manager at Meristem Securities Limited, and Executive Editor at Affinity Storm Press USA, showcasing his diverse professional experience.
