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Johannesburg, South Africa – MTN Group, the leading mobile network operator in Africa, has announced a significant leadership change within its South African division. Ferdi Moolman, currently serving as the Group Chief Risk Officer, will step into the role of CEO and Executive Director of MTN South Africa, succeeding Charles Molapisi. This strategic move is part of a broader review and restructuring of MTN Group’s operating model, aimed at enhancing efficiency and driving future growth.

Charles Molapisi, who has held the CEO position for a considerable period, will transition to a new role as the Technology Officer for MTN South Africa. This shift reflects MTN’s increasing focus on technological innovation and digital transformation within the South African market. Molapisi’s expertise in technology will be crucial in guiding the company’s advancements in areas such as 5G deployment, network optimization, and the development of new digital services.

The decision to appoint Moolman as CEO underscores MTN Group’s commitment to strong risk management and operational excellence. Moolman’s background in risk management, coupled with his deep understanding of the telecommunications industry, positions him well to navigate the complexities of the South African market and lead MTN South Africa through its next phase of growth.

“This leadership transition is a key element of our strategic review and reflects our commitment to ensuring MTN South Africa remains at the forefront of the mobile industry,” stated Ralph Muphedziswa, MTN Group’s Chief Governance and Compliance Officer, in a press release. “We are confident that Ferdi’s experience and leadership will be invaluable in driving the company’s strategic objectives and delivering value to our stakeholders.”

What does this mean for MTN South Africa and its customers? The change in leadership signals a renewed focus on both risk mitigation and technological advancement. Customers can expect to see ongoing investments in network infrastructure, improvements in service quality, and the introduction of innovative digital solutions. The appointment of Molapisi as Technology Officer suggests a greater emphasis on leveraging cutting-edge technologies to enhance the customer experience.

Looking Ahead: MTN’s Strategic Vision The restructuring of MTN South Africa’s leadership is part of a wider strategic review across the entire MTN Group. The company is actively exploring new opportunities in areas such as financial technology (fintech), digital entertainment, and cloud services. These initiatives are designed to diversify MTN’s revenue streams and solidify its position as a leading digital services provider in Africa. This transition is a testament to MTN's adaptability and its commitment to staying ahead of the curve in a rapidly evolving technological landscape. The focus on both risk management and technological innovation positions MTN South Africa for continued success in the years to come.