Big board changes at MTN as Mcebisi Jonas takes over as chair

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Big board changes at MTN as Mcebisi Jonas takes over as chair
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Former deputy finance minister Mcebisi Jonas is set to take over as MTN chair in December, while former president Thabo Mbeki will head up its new international advisory board

MTN Group, which said on Friday it had appointed a number of high-profile former politicians as advisers, says former deputy finance minister Mcebisi Jonas will take over as chair when Phuthuma Nhleko steps down in December.

The mobile operator has a history of courting SA’s political leaders — President Cyril Ramaphosa served as group chair until 2013, for instance. MTN said the international advisory board, consisting of “prominent persons of considerable and wide-ranging experience”, would become operative in July. "Having these experienced people in place will allow the CEO to focus on execution," Takaendesa said, alluding to Rob Shuter’s frequent travels to other African states to put out regulatory fires.

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BDliveSA /  🏆 12. in ZA

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