MTN CFO steps down

MTN has announced the appointment of Stephen van Coller as vice president of strategy and mergers & acquisitions, effective 1 October 2016.

Van Coller  is a qualified chartered accountant, including positions at Deutsche Bank (DB) as an MD of investment banking, an executive committee member and foundation trustee for DB in South Africa.

“The last 10 years were at Barclays Africa Group where he has held the positions of head of Primary Markets: Absa Capital, and more recently CEO of the Corporate and Investment Bank (CIB), overseeing over R250 billion in assets spanned across 13 African countries. Stephen was also part of the Barclays plc EMEA CIB executive committee,” MTN said in a statement.

He serves as a member of the World Economic Forum, represented on the Global Agenda Council (GAC) on Values as well as serving on the GAC committee on the Future of Banking.

Brett Goschen, the Group CFO, will be leaving MTN effective 30 September 2016, to pursue other interests.

Gunter Engling will assume the position of acting group CFO on Goschen’s departure, until a permanent CFO is appointed.

Engling is a chartered accountant who is currently CEO of MTN Rwanda. He has held many positions in MTN, more relevantly group executive finance reporting to the Group CFO.

“He was responsible for the management and coordination of all statutory accounting and reporting to all stakeholders, including the Group Audit committee and the Board. Gunter has also held the positions of General Manager Finance of MTN Nigeria and CFO of MTN Ghana,” MTN said.

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MTN CFO steps down