MTN Group has appointed Stephen van Coller as V.P of Strategy and Mergers & Acquisitions, effective 1 October 2016, the fourth Vice President of the Group joining other three having responsibility for the
geographic operating regions of MTN. We expect to announce a Deputy Head of Mergers &
Stephen is a qualified chartered accountant. He has 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.
MTN will continue its efforts to develop participation in the enterprise sector and adjacent sectors,
such as financial services and media and entertainment. As the head of Strategy and Mergers &
Acquisitions, we are confident that Stephen’s experience will be instrumental in helping the Group
realise its ambitions and commitments.
Brett Goschen, the Group CFO, will be leaving MTN effective 30 September 2016, to pursue other
interests. Consequently, he will be resigning from the MTN Group board of directors (“the Board”) as
an executive director on the same day. We thank Brett for his considerable contribution to the Group
over a period of 14 years and wish him well in his new endeavours.
Gunter Engling will assume the position of Acting Group CFO on Brett’s departure, until a permanent
CFO is appointed. 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.
Gunter 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.