The Guyana Telephone and Telegraph Co. Ltd. (GT&T) commenced operations on January 28, 1991.Towards the end of the 1980s the Government of Guyana took a decision to privatize telecommunications as part of a broader economic reform. In 1990, the Parties signed an Agreement in which ATN acquired eighty percent of the telephone company and the Government retained twenty. When this Agreement was consummated, the new Guyana Telephone and Telegraph Company Limited replaced the Guyana Telecommunication Corporation. Between its inception and September 2004, GT&T had invested in excess of US$195 million towards the modernization and expansion of the national telecommunications infrastructure and facilities.
Mr. Sharma, whose appointment takes effect from March 1, recently served as Director of the National Competitiveness Strategy Unit and Support for Competitiveness Programme. He also held positions as Chief Executive Officer of the Guyana Bank for Trade and Industry Ltd from 2000 to 2009 and General Manager of Demerara Bank Ltd from 1994 to 1997.
Mr. Sharma brings to the job more than 18 years of executive management expertise and a wealth of knowledge in the fields of finance, commerce, business strategy and corporate expansion.
He has an outstanding record of achievement at the helm of financial institutions in terms of growth in profit, assets and shareholder value. He is the holder of a Master of Commerce Degree (First Class) and a Bachelor of Commerce Degree (Hons.) and currently serves as a Director on the Board of Guyana Power and Light Inc.
Mr. Sharma is a seasoned and dynamic leader with the capacity to provide the vision, policy leadership and management oversight required for the continued growth of GT&T, the telephone company stated in a press release.