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

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

MTN has grappled with regulatory troubles in a number of key markets in recent years, particularly in Nigeria and SA. Jonas, who joined the boards of MTN, Sygnia and Northam Platinum in 2018, and who has become a key witness in SA’s state-capture inquiries, will take over from that date. That board, to be chaired by Mbeki, will also include former Ghanaian president John Kufuor; former African Union 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.

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