Hormuud Telecom Appoints Mohamed Farah As CEO
Hormuud Telecom has appointed Mohamed A. Farah as Chief Executive Officer, effective June 1st, 2025
Hormuud Telecom has appointed Mohamed A. Farah as Chief Executive Officer, effective June 1st, 2025. Farah comes in to replace Ahmed Yusuf who has led the company since its founding and will now transition into the board as Chairman.
Farah brings more than two decades of leadership experience within Hormuud, having served in senior roles including General Manager and Deputy Chairman. He has overseen network expansion, driven the scale-up of mobile money systems, and brings deep institutional knowledge to the role.
Commenting on the appointment, Farah lauded Yusuf’s leadership expressing his pride to get the opportunity to carry forward with his legacy.
“Ahmed Yusuf’s leadership has shaped Hormuud into a pillar of Somalia’s economy and a symbol of what’s possible in even the most challenging environments. It’s an honour to take on this responsibility and to carry forward the legacy he has built,” Farah said.
In his new role, Farah will lead the implementation of Hormuud’s new humanitarian strategy, set to launch later this year. The strategy will focus on expanding digital infrastructure in underserved regions, deepening partnerships with humanitarian and development agencies, and building long-term resilience through inclusive access to mobile services.
“Smartphones are vital to Somalia’s development. They open doors to education, connect entrepreneurs to opportunity, and link families to health services and emergency support. But access remains limited, especially compared to our regional neighbours. Expanding smartphone adoption will be a key priority of mine,” Farah, the incoming CEO, commented.
Hormuud Telecom has solidified its position as Somalia’s largest private sector employer with a shareholder base exceeding 13,000 Somalis. Its revolutionary mobile money platform, EVC Plus, serves more than 90% of the adult population. The platform processes millions of transactions monthly, reflecting its widespread use for daily financial needs.
