Former MTN CEO returns as chairman

Former chief executive of MTN Group, Phuthuma Nhleko has rejoined the group as its chairman, following the official resignation of Cyril Ramaphosa in March.

Nhleko stepped down as CEO of MTN Group at the end of March 2011, having been appointed in 2002, with Sifiso Dabengwa taking over the group.

His appointment as chairman of the company was confirmed at MTN’s annual general meeting on Tuesday (28 May).

ANC deputy president Cyril Ramaphosa stepped down from his position as a non-executive director and chairman of the mobile operator due to his election to the position of ANC deputy president at the ANC’s 53rd National Conference in Mangaung.

Ramaphosa was appointed to the MTN Board on 1 October 2001 and has been serving as chairman of the MTN Board since 2002. He is also chairman of the nominations committee as well as a member of the remuneration and human resources committee.

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Former MTN CEO returns as chairman