Karimbhai Appointed as General Counsel of ABS
Portfolio - People | Feb 07, 2025 | EIN
Global satellite operator ABS has announced the appointment of Sameer Karimbhai as its new General Counsel. Karimbhai brings over 15 years of experience in corporate law, mergers and acquisitions, finance, governance, and regulatory compliance from his previous role at Eutelsat Communications. There, he served as OneWeb's General Counsel and Group Company Secretary. During his tenure at Eutelsat, Karimbhai played a pivotal role in facilitating a $6.8 billion merger with Eutelsat and managing over $4 billion in equity and debt funding, as well as navigating a Chapter 11 restructuring. Karimbhai will be joining the ABS leadership team, which is focused on expanding its global footprint and enhancing its service offerings. ABS CEO Mark Rigolle has stated that Karimbhai's expertise will be crucial for the company's growth strategy and long-term vision. Karimbhai expressed his enthusiasm in joining ABS, citing the opportunity to support the company's new growth strategies and future milestones.
Sectors
- Satellite Communications
- Legal Services
Geography
- Global – The article refers to ABS as a global satellite operator, and reflects Karimbhai's global experience in mergers and acquisitions.
Industry
- Satellite Communications – The article discusses ABS, a global satellite operator, and its strategic leadership additions, indicating its involvement within the satellite communications industry.
- Legal Services – The appointment of Sameer Karimbhai as General Counsel highlights the role of legal services in corporate governance and strategic operations within ABS.
Financials
- $4 billion – Equity and debt funding secured under Karimbhai's oversight at OneWeb.
- $6.8 billion – Merger value of OneWeb with Eutelsat, facilitated by Karimbhai.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ABS | Hiring Company | Company | A global satellite operator focused on expanding its footprint and enhancing service offerings. |
| Sameer Karimbhai | Appointed General Counsel | Person | Newly appointed General Counsel at ABS with experience in corporate legal affairs, mergers, and acquisitions. |
| Eutelsat Communications | Previous Employer | Company | A satellite operator where Karimbhai held a significant legal role before joining ABS. |
| OneWeb | Subsidiary Company | Company | A key subsidiary involved in a $6.8 billion merger facilitated by Karimbhai during his tenure at Eutelsat. |
| Mark Rigolle | CEO of ABS | Person | Chief Executive Officer of ABS, overseeing its expansion and strategic initiatives. |