MTN South Africa CEO quits
Mteto Nyati is to be replaced by Godfrey Motsa after leaving MTN to take up the top job at South African electronics firm Altron
MTN’s CEO for South Africa Mteto Nyati has quit the African company to become CEO of South African tech firm Altron, the operator has announced.
Once seen as a candidate to become CEO of the MTN group, Nyati will step down on 13 March, to be replaced by Godfrey Motsa.
Nyati joined MTN as group chief enterprise officer from Microsoft SA in October 2014, becoming CEO of its South African operation a year later. He has also previously held several roles with IBM.
His replacement Motsa currently serves as VP of the SEA region at a group level, having joined from Vodacom, where he was most recently chief officer of its South African consumer business unit. Motsa has also served as CEO of Vodacom Lesotho and CEO of Vodacom DRC.
It is the latest management shake up at MTN. New group CEO Rob Shuter is set to take up the reins on 13 March, three months earlier than first announced. He is replacing Sifiso Dabengwa who resigned last November following a $5.2 billion fine in Nigeria, although the company has been overseen by Phuthuma Nhleko, who will return to his role as non-executive chairman when Shuter starts.