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MTN Appoints Emir Sanusi as Director
- MTN Appoints Emir Sanusi as Director
MTN Group, Africa’s largest telecommunication company, has appointed Emir Lamido Sanusi II as a non-executive director to its boardroom.
The Emir was appointed ahead of MTN Nigeria listing on the Nigerian Stock Exchange later in the year. The largest of its business units and represent almost a quarter of all subscribers.
Also, former South Africa deputy finance minister Mcebisi Jonas was appointed as Chairperson.
Jonas, 59, was already a non-executive director of MTN and will replace Phuthuma Nhleko, who plans to step down in December after almost 20 years as chief executive officer of the Johannesburg-based company.
“Jonas is the right man to replace a figure such as Nhleko after so many years,” said Ron Klipin, an analyst at Cratos Wealth. He has “expertise and will be the man to negotiate and strategise.”
The telecommunication giant announced a separate board of unknown people to advise on broader African issues. The group will be headed by President Thabo Mbeki and includes John Kufuor, ex-leader of Ghana.