MTN SA MD change
MTN today announced various changes in its management structure, including the departure of MTN Group Finance Director Rob Nisbet and the replacement of MTN SA Managing Director Tim Lowry.
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, Nisbet 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, and succeeds Tim Lowry the current MD – MTN SA and Vice President (VP) for South East Africa (SEA). Karel was one of the founder executives of MTN SA in 1994 and has held various senior executive positions in the Group.
Lowry will continue to focus on his role as VP SEA.
MTN Group also announced 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.
MTN management change discussion
Loading ...