Lagos — In the wake of its listing as a public quoted company on the floor of the Nigerian Stock Exchange (NSE), two eminent Professors and Economists have joined the Board of Directors of Starcomms Plc as the country's 4th largest telecommunications operator builds on the momentum generated by a new competitive era and dynamic management.

Professors Enrique R. Arzac and Partha S. Mohanram, joined the board as non-executive directors, and came into the organisation with a mission to provide considerable practical support and to uphold the highest levels of corporate governance.

The now predominantly Nigerian-owned operator's shares were listed last month by way of introduction on the Nigerian Stock Exchange (NSE), thus becoming the first listed Nigerian telecoms company on the Exchange

Starcomms was founded by the Lababidi family in 1995. Under the chairmanship of Chief Maan Lababidi (OON), and through the efforts of its world-class management team, led by the CEO, Maher Qubain, Starcomms has over the years grown to become the 4th largest telecom company in Nigeria . Since Actis and ECP, two leading private equity firms invested in the company in 2005, the operator has increased its customer base from the then 100,000 to over 1.5 million and currently has a presence in 17 cities.

Enrique R. Arzac, Professor of Finance and Economics, obtained Ph.D., M.A. and M.B.A. from Columbia University , C.P.N., and University of Buenos Aires.