Vodacom South Africa appoints new MD
Vodacom Group has appointed Sitho Mdlalose as Managing Director of Vodacom South Africa, effective 01 July 2022.
In a statement the company explained that Mdlalose is currently the Managing Director of Vodacom Tanzania, a position he has held since August 2021. He returns to Vodacom South Africa to assume the role held by Balesh Sharma, who leaves the company at the end of June to pursue an external career opportunity.
Mdlalose will report directly to Vodacom Group CEO Shameel Joosub and will join the Vodacom Group executive committee.
According to Vodacom, Mdlalose’s successor in Tanzania will be announced in due course.
In information supplied to the media, the company described that Mdlalose is a qualified Chartered Accountant (ACCA) and a Harvard Business School Senior Executive Programme graduate.
An established business leader, Mdlalose has over 20 years of experience in finance, consulting and management, 13 of which have been in telecommunications across both emerging and developed markets.
Joosub said: “I am confident that Sitho is the ideal candidate to lead Vodacom South Africa in a challenging economic climate that will require proactive innovations to adjust to shifts in customer behaviour. His in-depth experience, financial and business acumen, strong interpersonal skills and proven track record make him an obvious choice for this important role. I’d like to offer my personal congratulations to Sitho as we celebrate yet another internal promotion, showcasing the strong bench of executive talent at Vodacom.”
Mdlalose worked at Vodafone Group for over six years prior to joining Vodacom Group.
He held various leadership roles including CFO for International Business. He was then Interim Group CFO and Finance Director for Vodacom South Africa, before being appointed to MD, Vodacom Tanzania in 2021.
The company’s statement reads: “During his short tenure at Vodacom Tanzania, Sitho demonstrated solid leadership in driving the delivery of Vodacom’s business strategy. His charismatic leadership has been a strong asset to rally support amongst key stakeholders surrounding the business, including policymakers, customers and staff. Sitho has also led the Tanzania business through multiple strategic negotiations which have positioned its operations for recovery and future growth.”
In 2020, Vodacom Group announced the creation of a standalone South African operating company as part of a simplification of its structure following the expansion of its African portfolio and accelerated growth ambitions on the continent, including financial and digital services.