Monday, November 9, 2015

NCC Fine: MTN’s Sifiso Dabengwa Quits

…. Nhleko Named Acting CEO

The fallout over MTN Nigeria’s fine saga has claimed the company’s CEO Sifiso Dabengwa‚ it was announced on Monday.
The company said it had appointed Phuthuma Nhleko as executive chairman “in a temporary capacity” after Dabengwa resigned, according to agency reports.
“Due to the most unfortunate prevailing circumstances occurring at MTN Nigeria‚ I‚ in the interest of the company and its shareholders‚ have tendered my resignation with immediate effect‚” said Dabengwa.
Nhleko‚ who is the current non-executive chairman‚ has agreed to act as executive chairman “for a maximum period of six months while the company identifies a successor for Dabengwa”.
“I will assume responsibility as executive chairman…as I proactively deal with the Nigerian