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MTN appoints Thato Motlanthe as exec for investor relations

By , ITWeb
South Africa , 22 Jul 2019

MTN appoints Thato Motlanthe as exec for investor relations

MTN Group has appointed Thato Motlanthe to the position of executive for investor relations, with effect from 1 September 2019.

Thato replaces Nik Kershaw who left MTN Group at the end of May 2019, and will report to Ralph Mupita, MTN Group CFO.

Motlanthe's appointment comes hardly a week after the mobile operator named former Vodacom chief officer of strategy and M&A, Yolanda Cuba, as group chief digital and fintech officer.

In a statement this morning, MTN says Motlanthe brings to the role 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.

"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", says Motlanthe.

Commenting on Motlanthe's appointment, Mupita says: "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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