South Africa's MTN names Vodafone Europe head as new CEO

by Reuters 5 views0

MTN expects a 20 and 25 per cent increase in its interim earnings

South African mobile phone operator MTN named Vodafone European cluster head Rob Shuter as its new chief executive on Monday.

Shuter, who will start no later than July 2017, replaces Sifiso Dabengwa, who resigned last November after a $5.2 billion fine in Nigeria exposed corporate governance flaws at Africa’s biggest mobile phone operator.