In a surprise development, MTN Group has announced the resignation of Godfrey Motsa, its South African CEO, who leave the unit’s employ at the end of this month.
MTN did not say why Motsa had resigned, or where he is going. He has been CEO of MTN South Africa for the past five years after joining the company from rival Vodacom and is highly respected both internally at MTN and in the industry more broadly.
“The company would like to thank Godfrey for his leadership of MTN South Africa during a time when the business built a leading network position and improved its competitive position in the consumer postpaid and enterprise businesses,” MTN said in a statement to investors shortly before markets closed on Wednesday.
MTN has appointed its group chief technology and information officer, Charles Molapisi, as CEO of MTN South Africa with effect from 1 January. Molapisi has been with the group since 2009 and spent several years running the group’s Zambian business.
Mazen Mroue will replace Molapisi in the group CTIO role. Mroue is currently chief operating officer of MTN Nigeria. – © 2021 NewsCentral Media
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