By Gugu Lourie for Tech Financials
Rob Shuter, MTN Group CEO, will be stepping down from his role at the end of his contract in March 2021, the mobile phone operator announced on Wednesday.
“The board thanks Rob for the contribution he has made and, continues to make, to MTN. The succession process will be concluded during the year, enabling a seamless handover,” the company said in a statement.
MTN group chief technology and IT officer Charles Molapisi has been appointed to the group executive committee and the fixed contract of the group chief operations officer, Jens Schulte-Bockum, has been extended until 31 March 2022.
Shuter joined MTN from Vodafone in 2016, to replace Sifiso Dabengwa.
He was the CEO of Vodafone’s European cluster.
Shuter is also a former CEO of Vodafone Netherlands and ex-Vodacom chief financial officer. He has extensive experience in telecoms and banking having held senior management roles at Vodacom Group, Standard Bank and Nedbank prior to joining Vodafone Group. For more read: MTN taps Rob Shuter as new CEO
“We will use 2020 to implement our succession process and ensure a seamless handover to the new group president and CEO whilst maintaining our operational execution,” said Shuter in a statement.