MTN Shakes up Board with Ferdi Moolman to Take CEO Role at SA Unit
9 Articles
9 Articles


MTN shakes up board with Ferdi Moolman to take CEO role at SA unit
After a strategic review, MTN named Moolman as successor to Charles Molapisi
MTN SA Witness Fall In 2024 Financial Report, Demotes Charles Molapisi From CEO, Promotes Ferdi Moolman To Boost Outcome - Brand Spur
Following dismal yearly financial results, MTN Group, Africa’s largest cellular telecom provider, has implemented changes across outlets in Africa. The 2024 financial results show that MTN Group lost R11.2 billion, while the 2023 financial year saw a profit of R4 billion. Ferdi Moolman, the current Group Chief Risk Officer, will take over as MTN South Africa’s CEO in place of Charles Molapisi, the company announced in a statement posted on the J…
Nigeria Becomes MTN’s Largest Market, Group Restructures South Africa Operations
MTN Group Ltd. has restructured its South African operations to accelerate growth after its Nigerian subsidiary overtook the domestic market to become the company’s largest revenue contributor. The company announced the appointment of Ferdi Moolman as Chief Executive Officer of MTN South Africa, succeeding Charles Molapisi, while Yolanda Cuba has been named Deputy CEO. In […] The post Nigeria Becomes MTN’s Largest Market, Group Restructures Sout…
MTN shifts SA boss back to CTIO in exec shake-up
MTN South Africa CEO Charles Molapisi is set to return to his previous job as the operator group’s CTIO, in one of a number of changes at the helm of the company expected to drive an updated strategy. Molapisi took charge of MTN’s operation in its home market at the start of 2022 and will be replaced by group chief risk officer (CRO) Ferdi Moolman. The move comes as the operator divides its group CTIO and digital infrastructure roles. Current in…
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