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GO CEO Nikhil Patil has been appointed to the role of Chairman of the Board of Directors of Cablenet Communications Systems plc, following the resignation of Nicholas Shiacolas from the post of director and Chairman.
Cablenet Communications Systems, a Cyprus telecommunications company offering internet, cable tv, mobile and fixed telephony home services, is a subsidiary in which GO holds a 60.26 per cent share.
Mr Patil, who has over 15 years of experience in strategy, operations and mergers and acquisitions across telecoms companies like GO, Cablenet, BMIT and Interoute, was appointed Chief Executive Officer of GO in 2018.
His comments come as the bank announces a group pre-tax profit of €9.1 million for the first half of 2025.
Creating a family-friendly work culture not only helps in retaining employees but also boosts their productivity and engagement.
His involvement is expected to bring additional international attention to the event.
The bank has reported a profit before tax of €58.7 million in first half of the year.