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Chief executive of South Africa's MTN to step down in March next year

Published 11/03/2020, 06:18
Updated 11/03/2020, 06:27
© Reuters.  Chief executive of South Africa's MTN to step down in March next year

JOHANNESBURG, March 11 (Reuters) - Africa's largest mobile

network by subscribers, MTN Group Ltd MTNJ.J , said on

Wednesday its group chief executive, Rob Shuter, would step down

from his role in March 2021, at the end of a fixed four-year

contract.

"The board, led by the chairman, will manage the succession

process and expects to conclude this during the year, thus

enabling a seamless handover," the firm said in the statement of

its full-year results.

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