MTN has appointed current MTN SA CEO Zunaid Bulbulia as group chief operating executive, putting MTN Nigeria CEO Ahmad Farroukh in his place as CEO of the South African operations.<\/p>\n
Both appointments are effective immediately, MTN said.<\/p>\n
\u201cIn order to respond adequately to challenges and opportunities in our markets, we continue to take appropriate steps to enhance our competitive position, and to ensure the long-term sustainability of our business,” MTN group CEO Sifiso Dabengwa said in a statement.<\/p>\n
“To this end, the latest changes are in line with MTN\u2019s strategy to regularly rotate key talent within the business.”<\/p>\n
Bulbulia is a founding member of MTN and was the Chief Financial Officer of MTN SA, prior to being appointed CEO of MTN SA.<\/p>\n
Farroukh\u00a0is 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.<\/p>\n
Both\u00a0Bulbulia and\u00a0Farroukh will continue to serve on the Group exco.<\/p>\n
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