Ex-MTN SA CEO jumps ship to Saudi telco
Former MTN South Africa head Ahmad Farroukh has been named CEO of Saudi telecom operator, Etihad Etisalat Company (Mobily).
Farroukh announced in early July that he will stepping down as the MTN SA lead at the end of the month – one year after taking up the position, having replaced Zunaid Bulbulia at the end of July 2014.
The group cited “personal and family reasons” for his departure..
Farroukh joined MTN in 2006, with the acquisition of Investcom. He has fulfilled several roles during his tenure with the Group.
He is a former CEO of MTN Nigeria, and served in a similar role at MTN Ghana. Before assuming the role of Group Chief Operating Executive, he was vice-president of the West and Central Africa (WECA) region.
Speaking on the new appointment, Mobily said that is has appointed an executive team to “focus on the future and strategic growth areas within the organization”.
Farroukh’s resignation as MTN SA is effective from 31 July 2015.
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