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MTN announces new exec to drive Business Finance silo

By , ITWeb
Africa , 23 Aug 2022
Marvin Ncube.
Marvin Ncube.

MTN Group has appointed Marvin Ncube, former Telkom executive, to serve as Executive: Business Finance, effective 1 September 2022.

The company said Ncube has over 19 years’ experience in strategic business planning, business performance, capex management, statutory reporting and revenue assurance.

MTN said in his role, Ncube will lead three core finance sub functions including Group Financial Planning and Analysis, Regional and Manco Finance Business Partnering and Group Capital Management.

Tsholo Molefe, Group Chief Financial Officer, said, “Given his vast experience, expertise and accomplishments, I am confident that Marvin will add immense value to these portfolios and to the Group.”

Prior to his position as Group Executive: Group Financial Controller at Telkom, Ncube was the Finance Business Partner (Divisional CFO) at Eskom and also served on several boards including the South African Dental Association (SADA), Mozambique Transmission Company (Montraco), Eskom and Trans-Africa Projects, providing strategic insights and direction.

Marvin is a CA (SA) with an MBA from University of Pretoria (GIBS). He also holds a Bachelor of Commerce (Accounting) degree from Rhodes University and a Postgraduate Diploma from the University of Cape Town.

Fintech focus

MTN has continued to press its interests in Fintech and financial services in Africa, as part of its Ambition 2025 strategy.

In early June this year the company appointed Andrew Goodrich as Executive for Banktech, part of the Group’s Fintech team.

Goodrich joined MTN in 2019 as a General Manager for Banktech & Beyond Payments division, and, according to MTN, has added value to its digital banking strategy.

“We are delighted to welcome Andrew into his new role within the Group Fintech Team. Andrew is no stranger to MTN and his wealth of experience in the financial sector, will ensure we continue to make a meaningful contribution, as we drive our financial inclusion ambitions on the continent.” said Serigne Dioum, Group Chief Fintech Officer

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