TSTT names new acting chief executive officer

TSTT Chairman Mr Everald Snaggs yesterday announced the appointment of TSTT senior executive Dianna De Sousa, as the acting CEO of the majority state-owned telecommunications provider. De Sousa, who served as TSTT’s Executive Vice President Blink Sales, Service and Operations before her appointment, replaces Roberto Peon who held the position for just over five years and whose term at the helm of the telecoms company came to an end on June 30. Snaggs indicated that De Sousa was chosen as the successful candidate to act in the post in the interim following an interview process. According to Snaggs, there will be another phase to select a substantive CEO.

In a statement, the TSTT chairman thanked outgoing CEO Roberto Peon for his contribution to TSTT during his tenure as CEO and congratulated De Sousa on her acting appointment as Chief Executive Officer of TSTT as she assumes the leadership of the organisation. “Mrs De Sousa, is a graduate of the University of the West Indies, who was previously the Executive Vice President Blink Sales, Service and Operations and also served in the roles of Vice President Corporate Marketing and Customer Care as well as Head, Business Effectiveness,” the TSTT statement indicated.

TSTT’s after-tax profit increased by 131 per cent to $91.7 million for the financial year ending March 31, 2012 compared with the $39.6 million that the company made during the 2011 financial year. TSTT is jointly owned by National Enterprises Ltd (NEL), which in turn is majority owned by the Government of Trinidad and Tobago, and Cable & Wireless (West Indies) Ltd, (C&W). NEL owns 51 per cent of TSTT’s issued share capital, while C&W holds 49 per cent.