MTN Group has announced that its new CEO Rob Shuter will take over office on 13 March 2017.
Rob Shuter, currently CEO of Vodafone Netherlands, was named MTN CEO in June, and at the time MTN said he would start no later than 01 July 2017. Phuthuma Nhleko, who has been filling in as CEO will revert to non-executive chairman after Shuter takes up the CEO job.
MTN said the start date had been brought forward, and will support its ongoing transformation plans. Nhleko, said that he will delegate more operational responsibilities to Gunter Engling, acting CFO and Stephen Van Coller, VP M&A and Strategy, in the coming months, and ensure that all outstanding senior management appointments are completed by year-end.
In addition to the senior management changes, MTN said it’s focused on operating efficiencies and improving customer experience, starting in its biggest markets Nigeria and South Africa. The first impact of the changes, led by the dedicated transformation office set up in recent months, should be apparent in the first half of 2017, the company said.
Credit: Telecom Paper