Big board changes at MTN as Mcebisi Jonas takes over as chair
Among the raft of changes is the appointment of former president Thabo Mbeki as chair of MTN’s new ‘international advisory board’
MTN Group, which said on Friday it had appointed a number of high-profile former politicians as advisers, says former deputy finance minister Mcebisi Jonas will take over as chair when Phuthuma Nhleko steps down in December. The network operator, which has lurched from one regulatory crisis to another in recent years, says it is now in a position to make sweeping board changes as it has “entered a more stable and settled phase”. Among the raft of changes is the appointment of former president Thabo Mbeki as chair of MTN’s new "international advisory board". The mobile operator has a history of courting SA’s political leaders — President Cyril Ramaphosa served as group chair until 2013, for instance.
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