Telkom has announced the resignation of Jabu Mabuza as an independent non-executive director and Chairman of the Telkom Board.
The resignation is effective 31 May 2019, the company said in a statement on Thursday (21 February).
Mabuza will be replaced by Sello Moloko, an independent non-executive director on the Telkom Board and a seasoned director.
Moloko is the non-executive chairman of Sibanye-Stillwater Limited and has also chaired the board of Alexander Forbes Groups Holdings Limited independent.
“Jabu Mabuza has chaired the Telkom Board through some rough times since he joined the Board in December 2012,” said Sipho Maseko, Group CEO.
“On departure, he will leave a strong and stable organisation.”