The MTN Group has announced new management changes following the successful resolution of the Nigerian dispute, completing the review of its governance and management structures in accordance with its undertaking to do so.
Rob Shuter becomes new Group President and CEO not later than July 1, 2017 after the completion of his current contract. 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.
Commenting on his new role, Rob Shuter said: “I am honoured to have the opportunity and look forward to working with Phuthuma and the MTN Group board to ensure that we build on a strong foundation laid over the last 15 – 20 years for the Group to realise its full potential.”
To enhance further the governance and depth of experience of the business operations, Godfrey Motsa has been appointed by the countries in the SEA Region (excluding South Africa) to oversee the operations in those regions with effect from July 1, 2016. Godfrey joins from Vodacom where he was Chief Officer for Consumer Business. Godfrey was previously CEO of Vodacom DRC Congo and CEO of Vodacom Lesotho. He brings 10 years of experience of telecoms in the region to MTN. He has various other commercial experience.
In order to increase the company’s focus on new revenue streams, MTN has appointed a new VP in charge of Mergers and Acquisitions (M&A) and Strategy effective October 1, 2016 whose identity will be made public before end of June. The appointee will assist the firm in the formulation of a revised strategy particularly in the area of convergence between mobile telephony and financial services.
The Company has also named new members to its Group and MTN SA boards with effect from August this year. The new board members are Paul Hanratty Paul, Stan Miller, Nkululeko (“Nkunku”) Sowazi, Mike Harper, Lerato Phalatse, Mike Bosman and Trudy Makhaya.
Following the appointment of new Group CEO, Phuthuma Nhleko – who assumed the position of Executive Chairman on November 9, 2015 to resolve the Nigeria dispute, will now revert to his role as non executive Chairman.