MTN Group Appoints Stephen Van Coller as VP of Strategy, Mergers

Stephen Van Coller will be the fourth Vice President of the Group

MTN Group has appointed Stephen van Coller as Vice President of Strategy, approved Mergers and Acquisitions.

Coller’s appointment follows the MTN announcement of June 10th, symptoms and a view to ensuring that the Group is well and appropriately capacitated to take advantage of opportunities presented by a rapidly changing sector.

Stephen will be the fourth Vice President of the Group, the other three having responsibility for the geographic operating regions of MTN.

He is a qualified chartered accountant with over two decades of experience in Financial Services, 10 years at Deutsche Bank (DB) from 1996 as a Managing Director of Investment Banking, an executive committee member and foundation trustee for DB in South Africa.

The last 10 years were at Barclays Africa Group where he has held the positions of head of Primary Markets: Absa Capital, and more recently CEO of the Corporate and Investment Bank (CIB), overseeing over R250 billion in assets spanned across 13 African countries. Stephen was also part of the Barclays plc EMEA CIB executive committee.

He serves as a member of the World Economic Forum, represented on the Global Agenda Council (GAC) on Values as well as serving on the GAC committee on the Future of Banking.

Also pursuant to the same announcement, the group has announced the appointment of Gunter Engling to replace Brett Goschen as the Acting CFO. Goschen, the Group CFO, will be leaving MTN effective September 30th to pursue other interests and will resign from the MTN Group board of directors (“the Board”) as an executive director on the same day.

Gunter is a chartered accountant who is currently CEO of MTN Rwanda. He has held many positions in MTN, more relevantly Group Executive Finance reporting to the Group CFO.

He was responsible for the management and coordination of all statutory accounting and reporting to all stakeholders, including the Group Audit committee and the Board. Gunter has also held the positions of General Manager Finance of MTN Nigeria and CFO of MTN Ghana.

He has extensive knowledge and understanding of MTN Group’s financial matters, workings and stewardship and will have the benefit of a close working relationship with Brett until his departure at the end of September 2016.

The duo is expected to take up office on October 1st.


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