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MTN Group has continued to make more strategic appointments as part of repositioning drive to deepen industry leadership in the continent.
Shortly after introducing Ms Yolanda Cuba as the chief Digital/Fintech officer last week, the group on Monday, appointed Thato Motlanthe to the position of Executive for Investor Relations, with effect from 1 September 2019.
Accordingly, Thato replaces Nik Kershaw who left MTN Group at the end of May 2019, and will report to Ralph Mupita, MTN Group CFO.
Business Hilights gathered that Thato is coming to the role with extensive experience of South African and global capital markets, having worked in both the sell-side and buy-side of equity capital markets.
He joins MTN from Absa Asset Management, where he held the role of Portfolio Manager, co-managing the flagship funds within the Equities franchise. Prior to this, he has held senior positions at STANLIB Asset Management, Citigroup Global Markets and UBS Investment Bank over a career spanning 16 years.
In his remarks on the new appointment, Thato averred that “I am excited to join a company with an incredibly strong pan-African and Middle East footprint, great market positions and attractive assets. MTN Group is well positioned to capture growth from digital and financial inclusion.”
Commenting on Thato’s appointment, MTN Group CFO, Ralph Mupita said, “We are pleased to have secured someone of Thato’s experience and leadership profile. Thato will play a critical role in the management and building of the investor base for MTN Group, as well as ensuring that the communication of the investment case of our “Digital Operator” strategy remains clear and compelling for stakeholders.”
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