MTN names Nyati new CEO


Mteto Nyati

MTN South Africa has appointed Mteto Nyati as the new Chief Executive Officer.

Nyati takes up his duties from Ahmad Farroukh, who resigned as CEO of MTN South Africa, last week amid an ongoing strike.

Ahmad’s resignation takes effect on 31 July 2015.

Farroukh who joined MTN in 2006, with the acquisition of Investcom cited family reasons.

Farroukh was the 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 region.

His replacement, Nyati, joined MTN in October last year as the group’s Chief Enterprise Officer.

The incoming CEO will have to resolve the 8-week stalemate between the company and the Communications Workers Union over higher salaries and bonus payments.

Group President Sifiso Dabengwa said Nyati’s abilities would greatly enhance customer confidence and reinvigorate workers.



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