Telkom has altered its management structure, giving CEO Sizwe Nxasana a greater operational role at the group.
The changes come after the sale of Thintana Communications` 15.1% stake in Telkom, announced early last month.
The telecommunications network operator says that because Nxasana will have more of an operational role, the number of executives reporting directly to him will be cut from 14 to 10.
Among other changes, chief marketing and sales officer Nombulelo Moholi and chief technical officer Reuben September will now report to Nxasana. Both reported in the past to chief operating officer Shawn McKenzie, a Thintana representative.
Belinda Williams, previously head of investor relations, is filling the new post of group executive: corporate affairs. Her responsibilities encompass investor relations, corporate communications, mergers and acquisitions and corporate strategic planning.
The strategic planning functions were until now part of the chief strategic officer post, previously held by Thintana representative Chian Khai Tan.
Telkom`s executive committee now comprises Nxasana, Williams, Moholi, September, chief financial officer Kaushik Patel, group human resources executive Oupa Magushula and group legal services executive Mandla Ngcobo.
The group says all positions previously held by people seconded by Thintana have been filled.
It adds that of the 27 positions in top management, 80% are black and 28% are female.
Thintana, a joint venture between the US`s SBC Communications and Malaysia`s Telekom Malaysia Berhad, sold its stake to a consortium led by former communications director-general Andile Ngcaba and Women Investment Portfolio Holdings, advised by ANC spokesman Smuts Ngonyama.
Amid the controversy surrounding the deal, the government`s Public Investment Commissioners (PIC) stepped in to buy the stake and warehouse it for the consortium for a period of not more than six months.
The PIC is a public entity that invests funds on behalf of public sector entities. Ngcaba said the consortium opted for short-term warehousing as it had had little time to close the deal.
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