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Press Release

IHS Towers Announces New Group CFO Appointment

14 November 2017; London, United Kingdom: IHS Holding Limited (“IHS Towers” or “IHS"), the largest independent tower operator in Europe, the Middle East and Africa by tower count and the third largest independent multinational tower company globally, announces today the appointment of its new Group Chief Financial Officer, Adam Walker.

Adam, who will start at IHS on 20th November, brings a wealth of financial experience to IHS Towers, having been the Group CFO of three different UK listed entities over the past 15 years. He joins IHS from GKN plc, a FTSE100 company which operates in 30 countries with over 58,000 employees and is a global leader in the engineering and manufacturing of automotive and aerospace products, where he has been the Group CFO for the past four years, and head of one of GKN’s four divisions over the past 18 months.

Prior to that, Adam served as the Group CFO of Informa Plc for six years. Informa Plc is a FTSE 100 company which operates in 43 countries, with approximately 6,500 employees, and is a leader in international business intelligence, exhibitions and academic publishing.

Previously, he was the Group CFO of National Express Group Plc, a FTSE 250 company and a leading transport provider delivering services in the UK, Continental Europe, North Africa, North America and the Middle East.

Adam is also currently a non-executive director and the Audit Committee Chair at Kier Group Plc.

Ted Manvitz, current IHS Group CFO (former Group Chief Operating Officer and former Chief Investment Officer), continues to be a driving force behind the evolution of the company and has been appointed Executive Vice President and Chief Strategy Officer. He will oversee all new growth initiatives, business development, M&A and strategy functions for the Group, a defining role for the company over the next few years as IHS continues to pursue its growth plans.

Issam Darwish, Executive Vice Chairman and Group Chief Executive Officer of IHS, said: 

I am delighted that we have been able to appoint someone as talented as Adam Walker to this important role within IHS Towers. IHS continues to pursue its ambitious expansion strategy with plans for rapid and sustainable growth throughout the emerging markets. We are pleased to have an individual of Adam’s stature and caliber join the team and heartily welcome him on board.

I would like to thank Ted Manvitz for adding the Finance function to his prior Chief Investment Officer and Chief Operating Officer roles during his eight years at IHS, and am delighted that he will be responsible for our company’s ambitious growth plans in the role of Executive Vice President and Chief Strategy Officer. IHS’ focus on international expansion will continue to be a key driver of value for our shareholders going forward and is consistent with the group’s recent move into the Middle East.

Adam Walker commented: 

I am very excited by the opportunity of joining IHS at such an important point in its corporate life. I have been impressed by the vision, ambition and strategy of Issam and the senior management team. A huge amount has been achieved in a relatively short period of time and the future plans are just as exciting. I look forward to playing my part in realizing those plans over the coming years.

Ted Manvitz commented: 

I am pleased to be moving into this exciting role, focusing on new growth initiatives, business development, international expansion, M&A and strategy; given the ambitious plans for IHS. I welcome Adam and look forward to working with him on this exciting new phase in our company’s growth journey.


About IHS Towers

IHS is one of the fastest growing tower operators globally, the largest independent tower operator in Europe, Middle East and Africa by tower count and the third largest independent multinational tower company globally with over 23,300 towers. IHS continues to grow and develop its business with market leading positions in Cameroon, Côte d’Ivoire, Nigeria, Rwanda and Zambia and has also led in-market consolidation in Africa through its acquisition of Helios Towers Nigeria in 2016 and its long-term partnership agreement with Towershare to acquire Zain’s towers in Kuwait in October 2017, subject to certain regulatory and statutory approvals.

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