Finweek English Edition - - THE WEEK -

For­mer Vo­da­com and MTN ex­ec­u­tive Mteto Ny­ati will take over the helm at Al­tron, tak­ing over from longserv­ing CEO Rob­bie Ven­ter. The ap­point­ment forms part of the Ven­ter fam­ily’s de­ci­sion to re­lin­quish con­trol of Al­tron and hand over man­age­ment of the group, which has un­der­per­formed in re­cent years. Al­tron was founded 51 years ago by Bill Ven­ter, and his son Rob­bie has been in charge for the past 16 years. Ny­ati served most re­cently as CEO of MTN South Africa, and will be re­placed by God­frey Motsa, who is cur­rently vice-pres­i­dent of the South and East Africa re­gion at the mo­bile com­pany.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.