MTN has appointed Sugentharan Perumal as the group’s acting chief financial officer, replacing Ralph Mupita, who today begins his journey as the new CEO.
Perumal is a chartered accountant with over 15 years’ experience and previously served the company as an external auditor of MTN Group and has also been in various executive and board positions within the group.
He is currently acting CFO of MTN SA and has also served MTN Irancell as a CFO. MTN says it is confident that with his experience and knowledge of MTN, Perumal will do well in his new position.
The pan-African telecoms giant announced Perumal’s appointment today together with six others to the group’s board and its subsidiary MTN SA.
For its South African operations, the mobile carrier has appointed Dineo Molefe as chief financial officer effective December.
“Dineo brings a wealth of experience to MTN South Africa, having served as chief financial officer and held executive positions within the ICT, investment management and energy sectors,” says MTN.
“She has held senior roles at Vodacom, Thebe Investments and the Industrial Development Corporation, and has an established track record of leading and managing complex business transformation programmes. Dineo also has many years of experience as a board member in both executive and non-executive capacities.”
Molefe will join MTN SA from T-Systems (South Africa), where she is currently CEO.
New group CEO Mupita comments: “The board is confident in the wide-ranging experience and knowledge of MTN that Sugen brings to the role. We also welcome Dineo to MTN South Africa, to which she brings a wealth of experience, having held a number of executive positions in the ICT, investment management and energy sectors. We wish both Sugen and Dineo well in their new roles.”
Other board changes include the departure of independent non-executive director Christine Ramon, who will step down on 30 September.
“Christine has played an invaluable role in ensuring the integrity of MTN’s corporate reporting, for which the board is grateful and wishes her well in her future endeavours,” says MTN group chairman Mcebisi Jonas.
Sindi Mabaso-Koyana has been announced as independent non-executive director at group level as of today and will assume the chairmanship of the audit committee on 1 October.
“We also welcome Sindi, who the board believes to be a worthy successor in this critical role,” says Jonas.
Mabaso-Koyana is a chartered accountant with experience in the public and private sectors, where MTN says she is held in high regard both locally and internationally.
She has served as a non-executive director for numerous companies, and her current board positions include MTN Zakhele Futhi, AWCA Investment Holdings, Toyota SA and Phembani Group.
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