According to Bloomberg, Mupita will take over the role from Sept. 1, Johannesburg-based MTN said in a statement on Wednesday. Shuter will remain available until the end of his fixed-term contract early next year when he leaves to join British operator BT Group Plc as head of the enterprise division.
A graduate of Harvard Business School, Mupita became MTN CFO in 2017 after nearly two decades at a South African insurer, Old Mutual Ltd. Alongside Shuter, he has helped lead a strategy that has seen the carrier dispose of assets such as telecom towers and concentrate on fewer markets, with a plan to pull out of the Middle East announced earlier this month.
The company expects to dispose of its Yemen, Afghanistan and Syria businesses first, with others to follow in a phased manner.
0 comments:
Post a Comment