MTN Announces Rob Shuter, Former Chief of Vodafone Europe As New CEO
Rob Shuter the chief executive officer of the European cluster at Vodafone Group, has been appointed as the new president and chief executive officer of MTN Group.
The top position at the African telecommunication giant has remained vacant since
Shuter takes over from Phuthuma Nhleko‚ who stepped in as chairman and chief executive office after the African telecommunication giant after the resignation of Sifiso Dabengwa in November, 2015.
Dabengwa was forced to resign after the company ran foul with the Nigerian authorities attracting a fine of N1.4 trillion from the Nigerian Communications Commission, NCC, for its failure to disconnect 5.2 million unregistered SIM cards.
The company recently struck a deal to pay N330 billion, a third of the original fine, with the Nigerian government.
MTN Group announced the appointment of Rob Shuter in a statement issued on Monday, June 20, 2016. Rob Shuter is expected to assume office in 2017.
“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‚” a statement from the company said..
“MTN is confident that Rob will bring experience and new insights to the chief executive 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 MTN continues to develop its new business strategy.”
MTN also announced that it had appointed Godfrey Motsa as vice president for South and East Africa. Motsa will join the company on July 1, the company confirmed.
“Godfrey joins [MTN] from Vodacom where he was chief officer for consumer business. He brings 10 years of experience of telecoms in the region to MTN,” the company said.
The company also said it was in the process of refreshing its board with a view to improving its risk and governance profile.
MTN said Nhleko would remain MTN chairman for the next two-and-a-half years, when he plans to step down.
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