The MTN Group Board has appointed new executives and expanded roles of other offices together with the appointment of additional non-executive directors to strengthen management, enhancing governance and aiding strategy in the Group.
In a press release issued by the MTN Group Corporate Affairs, the restructuring follows the successful resolution of the Nigerian dispute.
The press release partly reads: “The Company is pleased to advise that after conducting an extensive global search for a candidate suited to the demands of the Group’s future strategy, the Board has resolved to appoint Rob Shuteras the new Group President and CEO. Rob may commence as soon as it is practically possible in 2017 but not later than 1 July 2017 after the completion of his current contractual obligations.
“Rob, a South African national, is the current CEO of the European Cluster at Vodafone Group and has extensive experience in telecoms and banking having held senior management roles at Vodacom Group, Standard Bank and Nedbank prior to joining Vodafone Group. MTN is confident that Rob will bring experience and new insights to the CEO role having had many years in the telecoms sector both in Africa and Europe as well as in banking where his expertise will help as MTNcontinues to develop its new business strategy.”
The Group has also appointed a new VP M&A and Strategy effective 1 October 2016, (Not named); and head of operations in SEA region, Godfrey Motsa.
The Group has also appointed several new board members.
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