Mupita appointed as MTN group president and CEO
MTN Group CFO Ralph Mupita has been appointment as successor to group president and CEO Rob Shuter, effective September 1.
Shuter will step down from his executive responsibilities on August 31 and will provide support until the end of his fixed-term contract early next year.
MTN will provide an update on Mupita’s replacement by September 1.
“After a rigorous and extensive search process, we are pleased to have appointed someone of Ralph's calibre, experience and ability to fill the group president and CEO position,” said MTN Group chairperson Mcebisi Jonas.
Mupita has served as MTN Group CFO since April 2017, playing a critical role in the development and execution of the group’s strategy, capital allocation processes, financial performance, as well as in the resolution of a number of complex regulatory matters.
“Ralph’s experience as the group CFO, strong knowledge of our businesses and markets, as well as successful background in financial services, mergers and acquisitions and emerging markets, place him in an excellent position to lead the growth and sustainability of the business going forward,” Jonas commented.
Mupita, who is a graduate of the University of Cape Town with a degree in Engineering and an MBA, was previously Old Mutual Emerging Markets CEO.
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