Hisham Hendi, the managing director of Vodacom Tanzania, has resigned from his job, effective November 1, 2021, after two and a half years at the head of the operator.
Hendi will stay with the Vodafone Group of companies, taking on a new role as commercial head for Vodafone Spain, according to the company.
Judge Thomas Mihayo, Chairman of the Board of Directors at Vodacom Tanzania, said the company is in the process of finding Hendi’s replacement and will make an announcement in due time, subject to regulatory permission.
Vodacom Tanzania continued to lead the industry in establishing a digital strategy that has expanded the country’s financial inclusion through innovative mobile financial services throughout Hendi’s five-year tenure. Hisham has also been a driving force behind the successful investment in universal access for millions of Tanzanians who were previously unconnected, according to Mihayo.
“While I am excited about the possibility in Spain, it would not have been possible without the opportunity I had in Tanzania during the last five years,” Hendi remarked.
Over the years, I’ve had the pleasure of working with a fantastic group of people, and I’m leaving behind a high-performing local senior leadership team. We’ve made significant progress in digital and financial inclusion with the help of industry partners, customers, and the government. This relocation has been made possible by my experiences in Tanzania, and I am very humbled.”
In March of this year, Hendi was named managing director of Vodacom Tanzania. He was Director of the Consumer Business Unit of Vodacom Tanzania prior to his appointment.
Hendi was key in Vodacom Tanzania’s historic initial public offering (IPO) on the Dar es Salaam Stock Exchange (DSE) in 2017, where Vodacom Tanzania remains the only telecoms business on the market.
As of March 2021, Vodacom Tanzania is the country’s largest operator, with over 32% market share and close to 16 million consumers.