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Management Changes
MTN Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1994/009584/06)
(Share code MTN)
(ISIN ZAE000042164)
(“MTN” or “the Company”)
MANAGEMENT CHANGES
The MTN Group advises that Mteto Nyati will be stepping down as the CEO of MTN SA with
effect from 13 March 2017. The Company would like to thank Mteto for his role at MTN SA.
MTN advises that Godfrey Motsa will assume the position of CEO of MTN SA with effect
from 13 March 2017.
Godfrey is currently VP of the SEA region at MTN Group. He has over 10 years of experience
in the mobile telecoms industry, having occupied the positions of CEO of Vodacom
Lesotho, CEO of Vodacom DRC and more recently Chief Officer Consumer Business Unit at
Vodacom SA.
The incoming Group CEO & President Rob Shuter says, " I am delighted that Godfrey will
assume the position of CEO at MTN SA. We have worked well together in the past and I
know he brings considerable experience and value to the position. "
The Executive Chairman of MTN Group, Phuthuma Nhleko says, “The appointment of
Godfrey hopefully brings to finality seminal management changes that the Group has had to
undertake in the last 12 months. I would like to take the opportunity to thank Mteto for his
contribution to MTN SA and wish him the best in his future endeavors. "
We would also like to announce that Karl Toriola, the current VP WECA, will assume the
additional responsibility of VP of the SEA region in the interim. The announcement of the
new VP of the SEA region will be made in due course.
Fairland
7 March 2017
Sponsor
Deutsche Securities (SA) Proprietary Limited
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