Mr Ralph Mupita, the current Chief Financial Officer (CFO) of MTN, has been appointed to the position of Group Chief Executive Officer (CEO) and President.
According to a statement from the company, Mr Mupita’s appointment is effective from 1st September 2020. The incumbent president and CEO, Mr Rob Shutter, is vacating the position on 31st August 2020.
The Group Chairman of MTN, Mcebisi Jonas said of Raph Mupita’s appointment: “After a rigorous and extensive search process, we are pleased to have appointed someone of Ralph’s calibre, experience and ability to fill the group president and CEO position.
Ralph’s experience as the group CFO, strong knowledge of our businesses and markets, as well as successful background in financial services, M&A and emerging markets, place him in an excellent position to lead the growth and sustainability of the business going forward.”
Making a statement on his appointment, Ralph Mupita commented that: “Leading a business with MTN Group’s history, scale and socio-economic impact is a privilege and honour, and I look forward to working with the group board and executive committee in driving growth and unlocking value for shareholders and broader stakeholders.”
“MTN Group is well-positioned to take advantage of the digital acceleration shifts and opportunities across our markets, and we are well placed to play an important and leading role in digital and financial inclusion of the African continent, working with our stakeholders and partners.”
Courtesy: Broadcast Media Africa (with credit: contribution from itweb.africa)