Banking group Absa announced today that Seacom CEO Alpheus Mangale has been appointed as a member of its Remuneration Committee (Remco).
“Shareholders are informed that Mangale has been appointed as a member of the Remuneration Committee, and John Cummins as a member and chairman of the Models Committee (MC),”
Absa informed investors the appointments will take effect on 1 September 2024.
Also read: Alpheus Mangale, A Seasoned Business Leader, Named CEO Of Seacom
Seacom, Africa’s telecommunications and managed services provider, today announced that Alpheus Mangale, is joining SEACOM as incoming Group Chief Executive Officer, effective 1 April 2023. He is a seasoned business leader with over 25 years’ experience across the enterprise, telecoms, financial services and technology markets across Europe, the Middle East, and Africa.
He will work alongside the company’s outgoing Group Chief Executive Officer, Oliver Fortuin, for a three-month period to ensure a smooth leadership transition, at the end of which he will assume full responsibility for the business.
Mangale previously spent 16 years at Dimension Data Group (now NTT), where he held various senior leadership roles, including Chief Technology Officer, Chief Operating Officer and Client Experience Director across Africa and the Middle East. He also held the roles of Managing Director for Cisco Systems South Africa and Chief Enterprise Officer for MTN Business in South Africa. Mangale’s most recent role was Group Chief Engineering Officer for Standard Bank across all their markets.
Mangale’s experience in running the largest enterprise telecommunications unit in Africa, coupled with his intimate knowledge of the South African and African business environment, plus decades of experience managing large complex organisations, uniquely positions him to continue the excellent work done to date to transform and grow SEACOM into Africa’s largest converged telecommunications provider.
