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Monday, November 09, 2015

MTN Group Appoints Nhleko as Interim Chairman after Dabengwa’s Resignation over N1.04tn fine

MTN Group has appointed Phuthuma Nhleko as Executive Chairman in a temporary capacity following the resignation of the Chief Executive Officer, Sifiso Dabengwa over the $1.04tn fine imposed on the company by NCC.

Nhleko has served as non-executive director and chairman of MTN from July 2001 until June 2002 and thereafter as an executive director, Group president and CEO until March 2011. He has subsequently chaired the Group in a non-executive capacity for the past two and a half years (since May 29, 2013).

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