MTN Group Appoints New President

MTN Group has on Monday named Rob Shuter as the new group president and CEO, thumb Chimp Reports has learnt.

The appointment follows an extensive global search for a candidate better suited to the group’s future strategy which saw Shuter scoring highly. He is expected to assume duty as soon as it is practically possible in 2017 but not later than July 1st, 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 Ned bank prior to joining Vodafone Group.

Shuter replaces Phuthuma Nhleko who assumed the position in 2015 in order to resolve the very difficult challenges that the company experienced at the time.

Phuthuma will however continue to provide the necessary leadership as non-executive chairman for the next two and a half years when he plans to step down.

The new president promised to work together with the non-executive chairman, Phuthuma to “build on a strong foundation laid over the last 15 – 20 years for the Group to realise its full potential.”

The group board also appointed a number of other executives, additional non-executive directors and expanded of the roles of other executive members in a bid to achieve the objective of strengthening management, enhancing governance and aiding strategy in the Group.


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