MTN appoints new CEO
MTN, the largest mobile operator in Africa has appointed a new CEO, the Reuters news service has said.
According to the report, MTN has appointed Sifiso Dabengwa as its CEO and president. He is replacing Phuthuma Nhleko as from March 31, 2011.
Dabengwa who has worked with MTN for 11 years is currently the chief operating officer. Before joining MTN, he was an executive director at South Africa’s state-owned power company Eskom.
The report citing a statement from MTN indicated that the position of chief operating officer has been abolished and instead the company will appoint a new chief executive of its international operations.
The company also said that Nhleko has accepted the board’s invitation to become a non-executive vice chairman and non-executive chairman of yet-to-be established MTN international operations board.
By Emmanuel K. Dogbevi