MTN
MTN
MTN - MTN Group Limited - Management Changes And Promotions
MTN Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1994/009584/06
Share code: MTN
ISIN code: ZAE000042164
("MTN")
MANAGEMENT CHANGES AND PROMOTIONS
Rob Nisbet the current MTN Group Finance Director joined the MTN Group in
1995 and has been an integral part of the Group`s senior management team.
After 14 years of service, Rob has decided to pursue other business
interests outside the Group. "Rob Nisbet has made a significant
contribution to MTN. We are all grateful for having had him as part of the
team" said Phuthuma Nhleko Group President and CEO of MTN Group. Rob Nisbet
will continue to be part of the transaction team that will progress the
envisaged MTN / Bharti transaction and will remain on the MTN board as an
executive director until the end of September 2009.
Rob Nisbet will be succeeded as Group Finance Director by Nazir Patel,
effective 1 October 2009.
Nazir Patel joined the MTN Group in 2005 as Group Executive Finance. He is
a qualified CA with wide international experience in Europe and the Middle
East. Since Nazir joined the MTN Group, he has been responsible for the
Group financial management and accounting function, has participated in
several of the Group`s Mergers and Acquisition activities and serves on a
number of MTN`s Subsidiary Boards.
Karel Pienaar will be appointed as Managing Director - MTN South Africa,
effective 1 August 2009. Karel is currently the Group Chief Technical and
Information Officer. Karel succeeds Tim Lowry the current MD - MTN SA and
Vice President (VP) for South East Africa (SEA). Tim will continue to
focus on his role as VP SEA. Karel was one of the founder executives of
MTN SA in 1994 and has held various senior executive positions in the
Group.
The Group also wishes to announce the following promotions and
appointments:
Debbie Millar - Group Executive: Treasury, Funding and IR
Carel Gericke - Group Executive: Corporate Tax
Zolisa Masiza - Group Executive: Regulatory (MTN Group and MTN SA).
"It gives me great pleasure to announce these senior management
appointments as part of the evolution of the management team reflecting the
evolutionary growth of the Company. I believe this will enhance the
strength and capacity of the respective management teams and demonstrates
MTN`s commitment to developing its people through a strong focus on
Leadership Talent Management" says Nhleko.
Fairland
29 June 2009
Sponsor
Deutsche Securities (SA) (Proprietary) Limited
Date: 29/06/2009 09:29:01 Produced by the JSE SENS Department.
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