In a surprise move, MTN Group announced the resignation of the CEO of its South African CEO, Godfrey Motsa, who will leave the unit’s employ at the end of this month.
“Motsa will be stepping down as the CEO of MTN SA with effect from 1 January 2022; Charles Molapisi (currently Group CTIO) will assume the position of CEO of MTN SA, effective 1 January 2022,” MTN Group informed investors today.
MTN Group further announced that Mazen Mroue (currently COO of MTN Nigeria) will assume the role of Group CTIO effective from 1 February 2022, taking over from Charles.
Mazen’s successor in MTN Nigeria will be announced in January 2022
In order to streamline responsibilities and reporting lines in the core connectivity business, Ebenezer Asante will assume the new role of Senior Vice President (SVP) of Markets, with overall P&L responsibility of the three regions (WECA, SEA and MENA), said MTN.
Yolanda Cuba (VP of SEA) and Ismail Jaroudi (VP of MENA) will remain at Exco and report to Ebenezer, from 1 February 2022
MTN Group added that in order to enhance the capacity to accelerate the growth of its FinTech and other platforms, Serigne Dioum will assume the streamlined role of Group Chief FinTech Officer effective 1 February 2022
“Given the strong interdependence of the two functions, the legal and regulatory functions on Exco will be combined under Lele Modise in a revised role of Chief Legal and Regulatory Officer, effective 1 February 2022,” MTN Group said.
“Felleng Sekha, currently the Group Chief Regulatory and Corporate Affairs Officer, will remain with the Group until the end of April 2022 to ensure a smooth handover and transition of her current responsibilities.”
MTN Group said to reinforce the implementation of our strategic priority to create shared value and the integration of ESG at the core of our business, Nompilo Morafo has been appointed as the Group Chief Sustainability and Corporate Affairs Officer, which will be established onto the Exco effective 1 February 2022
“To ensure that Ambition 2025 and MTN’s change programmes are well resourced and sequenced and that execution risks are well managed and mitigated, Strategy and Transformation will move from reporting to the Group COO to the Group President and CEO. Chika Ekeji has thus been appointed as the Group Chief Strategy and Transformation Officer, which will be established onto the Exco effective 1 February 2022.”
“The changes we are announcing today are about enhancing the structures needed to execute on our Ambition 2025 strategy and delivering on our medium-term guidance,” said MTN Group President and CEO Ralph Mupita.
“I would like to take this opportunity to thank Godfrey Motsa for the role he has played over the years in the Group, firstly as VP of SEA and then CEO of MTN SA. I would also like to thank Felleng Sekha for the significant contribution she has made over many years in Group regulatory matters. I look forward to working with Felleng in her future endeavours that are aligned to our pan-African vision. I would also like to congratulate the new Group executive members and those who have expanded responsibilities”.
