Johannesburg - MTN Group appointed former Barclays Africa’s head of investment banking, Stephen Van Coller, as vice-president of strategy and mergers and acquisitions amid a series of management changes at Africa’s largest mobile-phone operator.
MTN’s chief financial officer Brett Goschen will leave the company on September 30 after 14 years with the wireless operator to pursue other interests, the Johannesburg-based company said in a statement on Monday.
Gunter Engling will act as CFO until a replacement is appointed, MTN said.
MTN last month named Vodafone’s Rob Shuter as chief executive officer, turning to a seasoned executive following the settlement of a record fine in Nigeria. Shuter will replace Phuthuma Nhleko, who returned to lead the company last year and oversee the 330 billion naira ($1.2 billion) settlement. Nhleko, 56, will revert to his previous role as non-executive chairman once Shuter arrives.
Van Coller will begin in October after a decade at Barclays Africa, where as chief executive officer of the lender’s corporate and investment banking unit, he oversaw assets worth more than R250 billion ($17.2 billion) across 13 countries on the continent, according to MTN.
Prior to joining Barclays Africa, he was managing director of investment banking at Deutsche Bank AG’s Johannesburg-based unit.
BLOOMBERG