MTN Group Announces Senior Management Appointments

Pursuant to the SENS announcement of 31 October 2016, MTN Group is pleased to advise that as part of reviewing and finalizing the permanent senior management team, the company has made further appointments of the following executives:

Former CEO at Vodafone Germany 2012/15; Jens Schulte-Bockum will succeed Jyoti Desai as the Group Chief Operating Officer, effective 16th January 2017. Jens with extensive operational experience in the mobile telecoms sector, is expected to bring extensive experience in the consumer business, as well as the area of large scale transformation in a convergent operation.

Oliver Fortuin who is currently the CEO of BT Global Services Sub Saharan Africa, having previously held many senior roles at IBM, HP and Lenovo, will assume the position of Executive Head of Business Enterprise, effective 1st March 2017.

Bernice Samuels has re-joined MTN as Group Executive of Marketing, effective 1st January 2017. Bernice was previously Chief Marketing Officer in MTN South Africa, prior to assuming a similar role at FNB. She subsequently assumed the position of Executive Director of Strategy and Business Development at SABMiller in South Africa. Bernice will greatly assist in lifting and re-positioning product development and uplifting the MTN brand to maintain its pre-eminent position in Africa and the Middle East, whilst adapting to a rapidly evolving sector.

In a statement, Phuthuma Nhleko; the Executive Chairman said; all the appointment senior managers will bring to finality the management aspect of a large scale transformation and operational review process.

“We have attracted individuals of high calibre and wide, relevant experience, to further enhance the existing management team, consistent with the anticipated trajectory of the Group,” Nhleko said.

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