MTN appoints new CEO

 

MTN Group Ltd., Africa’s biggest mobile-phone company, said its board has decided to appoint Rob Shuter as group president and chief executive officer.

Rob Shuter, a South African national has been head-hunted from Vodacom’s UK parent Vodafone.

Rob Shuter is the current CEO of the European cluster at Vodafone Group Plc and has extensive experience in telecoms and banking, having held senior management roles at Vodacom Group, Standard Bank and Nedbank prior to joining Vodafone Group

Following the resolution of its Nigerian dispute, MTN has completed a review of its governance and management structures, it said.

Phuthuma Nhleko, who has doubled as chairman and CEO since Sifiso Dabengwa’s resignation in November, will revert to his nonexecutive chairman role “as soon as Rob assumes his new position as soon as is practicably possible.”MTN said in a statement on Monday