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MTN names Vodafone exec Shuter as new CEO

2016-06-20 09:48:00| Telecompaper Headlines

(Telecompaper) African mobile operator MTN has named Vodafone executive Rob Shuter as its new CEO. Currently CEO at Vodafone Netherlands, Shuter is expected to return to his native South Africa to take up the position at MTN no later than 01 July 2017, MTN said. The company said this brings an end to the review of its governance and management structure, started after it received a multi-billion-dollar regulatory fine in Nigeria last year, which led to the departure of its previous CEO Phuthuma Nhleko. MTN also announced the appointment of a new VP M&A and Strategy effective 1 October.

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