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

  • 📰 SowetanLIVE
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Finance Finance Headlines News

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.

The network operator, which said it is now in a position to make sweeping board changes as it has “entered a more stable and settled phase”, also said former president Thabo Mbeki will chair its new international advisory board.

MTN has grappled with regulatory troubles in a number of key markets in recent years, particularly in Nigeria and SA. 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, 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. MTN said an international advisory board consisting of “prominent persons of considerable and wide-ranging experience” would become operative in July.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

OwaFlopo Reward via Zondo commission..

Big ups my brother, congratulations

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Big board changes at MTN as Mcebisi Jonas takes over as chairThe former deputy finance minister will step in from December, with five directors set to leave by April 2020
Source: BDliveSA - 🏆 12. / 63 Read more »

Mcebisi Jonas announced as next MTN chairpersonThe MTN group announced that former deputy finance minister Mcebisi Jonas has been appointed its chairperson-designate. Fin24 He must thank Zuma. Fin24 Congratulations to Mr 600M. Fin24 MTN data prices going up.
Source: News24 - 🏆 4. / 80 Read more »

Mcebisi Jonas to lead MTN's board, Thabo Mbeki chairs advisory panelThe former deputy finance minister will step in from December, with five directors set to leave by April 2020 going back to being a ceo he owns mtn He knows nothing, thats an award for lying about state capture. I need to port my number to vodacom. He crushed under cross examination, the biggest liar.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Big board changes at MTN as Mcebisi Jonas takes over as chairThe former deputy finance minister will step in from December, with five directors set to leave by April 2020
Source: BDliveSA - 🏆 12. / 63 Read more »