Connect with us


Mcebisi Jonas appointed chairperson of MTN Group

Published on

The MTN Group has announced the names of several high-profile politicians who have been appointed as advisors, including Mcebisi Jonas, the newly-appointed chairperson.

In a statement issued on Friday, 3 May 2019, The MTN Group announced that it had appointed several high-profile politicians onto its board of advisors, and former deputy finance minister Mcebisi Jonas will take over as chair when Phuthuma Nhleko steps down on 15 December 2019. Former president Thabo Mbeki will be chairing the network provider’s new international advisory board.

The network provider says it has “entered a more stable and settled phase” and is now in a position to make sweeping board changes. The group said in a statement that Nhleko will step down as chair on December 15 “after overseeing an orderly transition of the board, including the establishment of the international advisory board”. Jonas’ tenure, who has been a member on the boards of MTN, Sygnia and Nothan Platinum since 2018, will begin on that date.

The provider announced that an international advisory board, consisting of “prominent persons of considerable and wide-ranging experience” would become operative in July 2019. That board, to be chaired by Mbeki, will also include former Ghanaian president John Kufuor; former African Union (AU) commissioner for political affairs Aisha Abdullahi; Mohamed ElBaradei, former director-general of the International Atomic Energy Agency; Momar Nguer, president of marketing and services at France’s Total; and Nhleko.

Khotso Mokhele will become lead independent director. Alan Harper, Jeff Van Rooyen and Koosum Kalyan, on the other hand, would step down. All will be effective in December 2019. Peter Mageza and Dawn Marole are expected to leave at the end of April 2020.

Lamido Sanusi, a former governor of the Central Bank of Nigeria, as well as Kenyan national Vincent Rague, will join the MTN board in July 2019.

“We are confident that the incoming directors of the board will bring a depth of skills and regional insights that will continue to enrich the experience of the board,” Nhleko said. The international advisory board’s appointees will “contribute to the development of telecommunications and connectivity in Africa and the Middle East,” read the statement.

Abenathi Gqomo
[email protected]


Personal Finance

error: Copyrighted Content