Vodacom CFO Dittrich quits

By Gugu Lourie

Vodacom Group, a subsidiary of British mobile phone giant Vodafone, announced on Monday that Ivan Dittrich, Chief Financial Officer and executive director, has resigned from the company to pursue his own interests.

He will step down from the Vodacom board with effect from 31 July 2015.

Till Streichert, currently Executive Director: Finance of Vodacom South Africa will succeed Ivan as Chief Financial Officer and executive director of the company with effect from 1 August 2015.

Till joined Vodacom in February 2014, prior to which he had been CFO of Vodafone Romania. He held a number of senior finance and commercial roles in Romania which included Director of Channel Marketing, Logistics and Sales Operations, Director of Financial Planning & Reporting and Finance Operations before he was appointed as CFO in 2011.

Till has also served as a strategy consultant at The Boston Consulting Group and started his career working for the CEO of T-Mobile Germany before undertaking different senior roles at T-Mobile UK.  Till has a doctorate in philosophy from the University of Hanover in Germany.

Vodacom also announced that  Hatem Dowidar, non-executive director has resigned from the Vodafone Group and will step down from the Board with effect from 30 September 2015

Replacing Hatem on the Board with effect from 1 October 2015 is Marten Pieters , the former CEO and managing director of Vodafone India, a role he held from February 2009 until April 2015. Marten was also the Chairman of the board of the Cellular Operators in India. He is the former non-executive director of Millicom International Cellular (2008 to 2009) and was CEO of Celtel International B.V from 2003 until 2007.

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