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| *Nhleko |
MTN Group has
named former CEO Phuthuma Nhleko as its chairman, replacing Cyril Ramaphosa,
who has stepped down.
In a statement,
MTN confirmed that Ramaphosa had retired from the board of MTN at the
conclusion of its AGM. Ramaphosa has served as chairman of the MTN board since
2001.
MTN said his
valuable contribution and strong leadership had been key drivers in the success
of the group.
Nhleko, one of
South Africa's best known businessmen, retired as MTN's chief executive in
2011, after nine years at the head of the company.
MTN also noted
that at the AGM, all the ordinary and special resolutions contained in the
notice of the Annual General Meeting dated 19 April 2013 were passed, without
modification, by the requisite majority votes.
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