After resolving its Nigerian dispute, the MTN Group Board has appointed Rob Shuter as the new Group President and CEO, a South African national and the current CEO of the European Cluster at Vodafone Group.
“I warmly welcome Rob Shuter, the new VP M&A and Strategy, Godfrey Motsa and all the new non executive directors to MTN Group and MTN South Africa. I am confident that with the calibre of Rob Shuter as CEO, the group will resume its path to playing its rightful role in increasing connectivity and accelerating convergence across Africa and the Middle East.” said Phuthuma Nhleko.
Phuthuma will remain non-executive chairman for the next two and a half years when he plans to step down as Chairman.
Rob has extensive experience in telecoms and banking having held senior management roles at Vodacom Group, Standard Bank and Nedbank prior to joining Vodafone Group.
MTN is confident that Rob will bring experience and new insights to the CEO 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 Group also announced it will appoint new VP M&A and Strategy, a VP for South and East Africa and appoint additional non executive directors Paul Hanratty Paul, Stan Miller and Nkunku Sowazi.
“MTN has weathered a rather difficult storm and will continue to review its governance and management operating structure to ensure that it operates at an optimum level and continues to replenish management talent to ensure a sustained growth of the business,” concluded the chairman.