In a statement, the company says Herman Bosman has been appointed as independent chairman of MTN Group Fintech, with Nicky Newton-King and Nosipho Molope as new independent non-executive directors on the board. Jens Schulte-Bockum has been appointed as non-executive chairman of Bayobab, MTN’s next-generation services company connecting Africa with digital solutions. “Building leading fintech and digital infrastructure platforms in Africa is a key part of the Ambition 2025 strategy,” says Ralph Mupita, MTN Group president and CEO. “These appointments align with the focus on accelerating growth, completing the structural separations and bringing in value-adding strategic partners into the shareholder bases of these businesses over the medium-term.” Bosman has been appointed as chairman of the MTN Group Fintech board of directors, effective 1 July. MTN notes he brings a wealth of experience and leadership to the board, having previously served as CEO of Rand Merchant Investment Holdings and RMB Holdings. He holds BCom and LLM from the University of Johannesburg and is a chartered financial analyst, at AIMR, US. According to MTN, his understanding of the financial services industry and strategic acumen will be invaluable in guiding its fintech strategy and operations. Newton-King, who also serves as an independent non-executive director for MTN Group, joins the MTN Group Fintech Board as a member, effective 1 September. A former CEO of the Johannesburg Stock Exchange, Newton-King brings extensive experience in legal, business, capital markets, banking and regulation, says the company. Molope joins the MTN Group Fintech board, effective 1 September. MTN notes Molope is experienced in MTN operations, having previously served on operating company boards across several markets, including SA, Cameroon, Uganda and Zambia. A former CFO of the Financial Services Board in South Africa with extensive board experience with SA-listed companies, Molope will chair the Audit and Risk Committee of the Group Fintech board, MTN adds. Schulte-Bockum, former MTN Group chief operating officer, has been appointed as chairman of Bayobab, effective 1 September. According to the telco, Schulte-Bockum brings a wealth of experience and knowledge of digital infrastructure businesses across Europe and Africa. He has been a non-executive director of Bayobab since 2021. Please enable JS and disable any ad blocker Get the best South African technology news and analysis delivered to your e-mail inbox every morning MTN Group has announced several major changes to its leadership team including the departure of its respected chief operating officer who will leave when his contract expires in March who joined MTN in 2018 as CEO of MTN Ghana but in the role of chief commercial officer has been named as CEO of the Ghanaian operation Jens has played a valuable role and made a significant contribution to the group over the duration of his tenure,” MTN said in a statement to shareholders on Wednesday “The company thanks Jens for the vital role he has played in the scaling of our core connectivity business across home Jens has had the additional responsibilities for accelerating the group’s digital services platforms in particular the Ayoba super app and the API marketplace capability Chenosis.” who previously led Vodafone Germany as CEO will continue to serve as a non-executive director on the boards of MTN South Africa new group COO Adadevoh held senior positions in Digicel Group COO and global director for mobile financial services he held various senior positions at Millicom/Tigo in Ghana “As Jens concludes his fixed-term contract as group COO we are pleased to be able to make strong internal appointments within the group to fill key roles,” said group CEO Ralph Mupita in the statement “This is testament to our robust succession planning.”  — © 2023 NewsCentral Media So she knows from Kyrie Irving and Beantown fans as Irving faces a hostile full-house at TD Center as Barclays Center was blanketed by the latest snowstorm to hit Brooklyn Kyrie Irving sat 600 miles away in a sterile press room in Detroit Irving addressed journalists’ Zoom tiles after his team’s third consecutive defeat The words “SOMEWHERE DISCONNECTED” were stitched in orange block letters onto his black cap And on this night — as on countless other occasions during his career — Irving and the media appeared somewhere disconnected Irving missed seven games as the Nets cited “personal reasons” for the New Jersey native’s absence When you skip a few days off work for personal reasons drop a message and some emojis in your team’s Slack channel You don’t print your “sick note” in a national newspaper or read it aloud on ESPN A nationwide search for the nature of his personal reasons was launched As the media’s thirst for Irving gossip remained unquenchable speaking for all of Irving’s on-court colleagues “We support him 100 percent.” Irving’s coach Steve Nash said he had been in touch with his player over text When Irving finally faced the media after his absence he did so while resting his head on his crossed-over arms on the podium wearing a black hoodie and looking rather sleepy and glum Kind of like a little kid that got dragged to Sunday Mass by his parents and is unapologetically bored by the priest’s somber sermon you’ve got to take a step back and realize what’s important,” Irving told the media that day And now I have so many people reaching out and mentors helping out.” Said Irving just being balanced with yourself first and then being able to perform.” Cue the media onslaught! Stephen A. Smith, a New York Knicks fan who caused hilarity this spring when he suggested that Irving may regret joining the Nets over the Knicks let me say this straight up and down: I think Kyrie Irving should retire.” The ESPN commentator said he was “disgusted by all this” and suggested Irving focus solely on social issues if basketball didn’t matter to him “He acts like he can’t chew gum and walk at the same time.” Bang Smith pulled back a little bit after talking with someone on the Nets like the correction of a Page 1 story that winds up on A21 Irving is a human being with a heart and a mind not just a capable pair of basketball-handling hands He said he spoke with each teammate individually to explain his absence Irving had two further periods of absence in the regular season — one in March one in April — where he did not file a “sick note” with the NBA-watching public lamenting how much we all want to see Irving play Well, basketball is a team sport. This isn’t men’s tennis, women’s gymnastics or your favorite horse in the Kentucky derby. If you pay to attend Barclays Center for some basketball, it says “Brooklyn Nets” on the ticket His elasticity on a basketball court is matched by his eloquence in the media room he used this platform to address sexism in college basketball Islam’s fasting month of Ramadan and the mental health of athletes His KAI Foundation has invested in minority-owned businesses and vouched to support entrepreneurs from disadvantaged backgrounds He donated hundreds of thousands of dollars to Brooklyn food banks at the start of the pandemic Many a Congressman or -woman would pale with envy at the athlete’s colorful palette of politics In his day job as a professional basketball player Irving played the most games (54) and scored the most points (26.9) of the Nets’ “Big Three” in the regular season Kyrie’s #11 shirt was the sixth most popular jersey of any player in the NBA he became an inspiration for Muslims in America and beyond when his sensational performances during the month of Ramadan removed the stigma that many athletes who “Kyrie has developed his own unique style in today’s NBA where many players are a carbon copy of someone else,” Isaiah Thomas told Forbes the Hall-of-Famer has pinned down Irving’s blessing and his curse marketability and shut-up-and-dribble blandness the Brooklyn Nets star is no “carbon copy of someone else.” He is 100 percent Kyrie Irving without apology — and without a “sick note.” For more of Schulte-Bockum’s reporting on the Nets, check out her Bruce Brown profile in the Times this week ShareSaveCommentBETAThis is a BETA experience. opt-out hereBusinessSportsMoneyLiverpool’s Szoboszlai Transfer Has Klopp Written All Over ItByMarie Schulte-Bockum Forbes contributors publish independent expert analyses and insights Schulte-Bockum covers European soccer and the NBA.Follow AuthorJul 03 01:06am EDTShareSaveCommentDominik Szoboszlai of RB Leipzig controls the ball on his head during the DFB Cup quarterfinal match .. More between RB Leipzig and Borussia Dortmund at Red Bull Arena on April 05 stood out ever since his childhood days in Hungary young Dominik and the other kids wore colored headbands rather than bibs to encourage them to look up and to blindly control the ball at their feet “When you have the technical skillset it’s a lot more enjoyable to just play” said Szoboszlai’s father Szolt in First Time Finish Liverpool triggered Szoboszlai’s release clause of $76 million (€ 70 m £ 60m) hours before its June 30 expiration date to bring the RB Leipzig man to Anfield The signing is a statement of intent from Jurgen Klopp could be the missing jigsaw piece in Liverpool’s game Szoboszlai contributed 20 goals and 22 assists in 91 matches the then teenager managed 26 goals and 34 assists in 83 outings “Szoboszlai is probably one of the most intensive pressing attacking midfielders I’ve seen in the last few years” a soccer scout who works for several Europa League and Champions League clubs very fast and all of these attributes have helped him be a vital creator for RB Leipzig Szoboslai is also good in possession and offers a bridge between midfield and attack in either the central areas or the halfspaces." It bodes well that the young Hungarian already made the jump from his homeland to Austria and then Germany Szoboszlai comes to Anfield from the Red Bull clubs’ talent pipeline because the Bundesliga’s RB Leipzig and Austrian sister clubs RB Salzburg and FC Liefering employ a high-pressing fast and technical approach that closely resembles Liverpool’s own The Szoboszlai signing is a statement of intent from Liverpool the transfer “signals that the Liverpool head coach is going back to more high-intensity pressing football” noting that Klopp lately lacked the players to use that style Baba sees Szoboszlai as an inverted winger a number 10 or a number 8 but warns that the 6′1 ft tall midfielder should “not play out wide like Mo Salah.” Moulded by his father at Fonix Gold in Hungary chances are good Szoboslai will rise like a phoenix from the ashes at Liverpool Get our fun 5-minute roundup of happenings in African and global tech Powered by AI and perfected by seasoned editors Every story blends AI speed with human judgment Ifeoma Joy Okorie Selorm Adadevoh joined the company in 2018 as CEO of MTN Ghana and has recorded impressive feats since he assumed his role. In February 2023, he won the MTN CEO of the Year award at the MTN Leadership Gathering conference in Johannesburg MTN Ghana won the Best Environmental Sustainable Governance (ESG) Award and the Best Rural Telephony Project Adadevoh’s previously held positions show he has been an active contributor to the digital industry He has over 20 years of experience in telecoms and financial services he held key roles with industry firms like Digicel Group and Millicom/Tigo a mobile telecommunications service provider global director for mobile fintech services Adadevoh seems to have earned the new appointment given his feats as CEO of MTN Ghana and the experiences he has gained Schulte-Bockum has been with MTN for seven years and will continue as a non-executive director with the firm His role as a director will cover MTN South Africa he played a vital role in scaling the firm’s core connectivity business across services Adadevoh will take on all of the executive responsibilities held by the outgoing COO the firm notes that the new appointment aligns with MTN’s Group Operating Model Following the announcement, Ralph Mupita expressed that he looks forward to their continued input towards the delivery of the firm’s “Ambition 2025 strategy.” MTN Nigeria records ₦133.7b profit in Q1 2025; first since 2023 MTN Nigeria posts ₦133.7bn profit in Q1 2025 What is Legend Internet, Nigeria’s newest broadband player on the NGX? Legend Internet became the first Nigerian broadband firm to list on the NGX floating 2B shares at ₦5.64 each and announcing plans to raise ₦150B to expand high-speed internet access nationwide Maroc Telecom’s Q1 profit dips 5.9% amid regulatory penalties and rising costs Maroc Telecom’s Q1 2025 profit fell 5.9% due to regulatory fines and rising costs reflecting broader challenges for Africa’s telecom sector amid currency pressures and infrastructure demands Djibouti positions itself as East Africa’s digital gateway through submarine cable investments Djibouti’s strategic location has seen it pour investments worth about $200 million into submarine cables Now it’s positioning itself as East Africa’s digital gateway MTN confirms cybersecurity breach across Africa MTN Group has confirmed a cybersecurity breach affecting customer data in some of its African markets the incident raises fresh concerns about data protection across the continent’s growing digital economy Ghana-based energy startup Kofa secures $8.1m to expand across East and West Africa Kenya hits pause on gambling ads for the next 30 days Glovo and Salad Africa partner to provide financing worth ₦100m for SMEs The CompanyAbout usOur ResponsibilitySuppliersPress & MagazineCareersBackGlobal Peter Schmidt retires / Successor Kasper von Bockum comes from Dr. August Oetker Nahrungsmittel KG Head of Department & Media Spokesperson Group Communication See all Press ReleasesRead moreCareers Newsroom Driving Sustainability Locations & Brands Oetker Group Dr. Oetker Professional Working with suppliers Legal Terms & Conditions Supplier Portal & Contact Compliance Data Protection Notice Imprint SCDDA Legal Notice has announced steps to carve out two independent entities One will consist of Zayo’s European business and the other will encompass its business that manages customers’ global network needs outside of Zayo’s core North American and European networks Zayo says the separations will provide flexibility to capitalise on growth opportunities and align strategic and business objectives to drive long-term value for the company mostly-owned fibre infrastructure network across eight Western European countries Zayo Europe will maintain key employee hubs in London Zayo and Zayo Europe will remain under the same ownership group and offer network services globally through formal contracts “The transition of our European business into an independent entity marks a pivotal moment in Zayo Group’s strategic journey as we look to maximise our potential across the continent,” said Steve Smith “Under the experienced leadership of Colman Deegan our shared owners will continue to invest in Zayo Europe and position the organisation for accelerated growth and momentum in the European market.” Zayo Europe will have a new board of directors including Jens Schulte-Bockum as chairman of the board Schulte-Bockum is the former CEO of Vodafone Germany and Group COO of MTN Group “This strategic move will allow us to tailor our services and solutions to the needs of our European customers we will have the agility to innovate faster and deepen our commitment to the local markets,” said Colman Deegan and we are committed to leveraging this opportunity to deliver even greater value to our customers and investors.” “As we usher in the next phase of growth with the spin-off of our European business we are incredibly optimistic about the prospects this brings,” said Jens Schulte-Bockum “This is a pivotal step forward in our commitment to delivering excellence and value in the European digital infrastructure market Zayo and Zayo Europe’s customers will continue to benefit from Zayo’s extensive global network for international expansions across North America I am confident that this focused approach will yield substantial benefits for Zayo and Zayo Europe alike.” Zayo’s business that manages its customers’ global network needs outside of Zayo’s core North American and European networks will also become a standalone entity with a separate management team that will continue to support North American and European customers’ international network expansions Planning is underway to complete these separations with full legal separation anticipated in Q2 2024 Categories: Articles, Broadband, Business, Equipment Tags: , , , Creative Media CentreHastingsEast SussexTN34 1HLTel: +44 7900 196870 Application Areas Coatings Technologies Legislation Markets & Companies People & Careers Production & Lab Raw materials Sponsored Content Home » News » Legislation » Legislation: Microplastics in focus Tiny fragments of synthetic or chemically-modified natural polymers are widespread in the environment can be easily ingested by living organisms One reason for this is that these polymers are insoluble in water and are degraded very slowly They have already been found in drinking water and food The ubiquitous presence of these polymers raises concerns about their general impact on the environment and it is important to deliberately reduce the use of microplastics and to switch to alternative materials Whether and how the EU will take action against the unintentional release of microplastics (e.g through tyre abrasion) in the future remains uncertain for the time being the term “microplastics” refers to all solid and poorly degradable polymer microparticles below 5 mm in all dimensions and fibre-like particles below 15 mm in length The restriction applies as soon as the polymers constitute at least 1 per cent by weight of the particles or form a continuous coating on particles The restriction currently refers to microplastics that are intentionally added to products to achieve a certain property The chipping of old paint or the sanding of primers does not constitute intentional release The microplastics restriction more or less affects all intentionally added polymer microparticles having the above-mentioned properties The sale of loose plastic glitter to end consumers has already been restricted since 17 October 2023 Various transitional periods apply to specific uses mixtures and/or products containing microplastics These range from 17 October 2027 (microbeads for use as an exfoliation abrasive in cosmetic products) to 17 October 2035 (use in make-up products) Suppliers of polymer microparticles will have to provide instructions and additional information to downstream industrial and professional users and consumers from 17 October 2025 on and industrial downstream users of polymer microparticles must notify certain information to the ECHA annually from 31 May 2026 on It is not yet clear how and via which portals the notifications have to be submitted In addition to the exempted uses and legal areas (use in industrial plant microplastics are exempt from the restriction in the following three situations: the restriction does not address any specific substances or class of substances but specifies the dimensions and properties of a very diverse range of synthetic polymers the substance from which the particles are made is almost irrelevant The restriction also impacts other areas of law that are partially exempt from the REACH Regulation or where there are additional regulations and directives in force that regulate use fertilisers and plant protection products (for more information please refer to the regulations in the respective legal areas) Even people who otherwise have no points of contact with REACH should take a look at Entry 78 to see if it affects them they may still be subject to information and declaration obligations should be to develop products in which the microplastics have been replaced by substances that are less harmful to the environment Many interesting approaches and real alternatives already exist here many alternatives may be critical in other ways shellac is not vegan and the extraction of mica for glitter products is often socially unacceptable The penalties for breaching the microplastics restriction are governed by the national laws of the EU Member States which are responsible for enforcing the restriction and sanctioning breaches The regulation itself does not lay down standardised penalties and fines but leaves it up to the Member States to take appropriate and effective measures The sanctions may vary with the severity and frequency of the breach and may take the form of fines The EU Commission will monitor the implementation and effectiveness of the restriction and report on it regularly Various German associations within the adhesives and construction industries have published information and guidance on implementing the restriction on synthetic polymer microparticles These clearly set out the individual obligations and list the different deadlines Particularly helpful are schemes resembling decision trees that manufacturers importers and formulators can use as a guide for deciding whether the particles used meet the criteria for classification as synthetic polymer microparticles The new April issue of the European Coatings Journal is out and focuses on automotive coatings The the global automotive industry has undergone a fair bit of transformation over the past few years ongoing supply chain challenges and a focus on sustainability and innovation Developments such as autonomous driving place new demands on coatings systems and so does radar technology Our focus article starting on page 20 examines new pearlescent pigments suitable for radar-based driver assistance systems The technology does not interfere with sensitive sensors and offers a wide range of silver shades the automotive market is robust but not growing notably This is largely reflected in the market report on the automotive coatings segment showing a tendency towards recovery we have two Expert Voices from the industry to share with you from page 18 New tariffs threaten higher costs and supply chain disruptions for the coatings industry CEPE has reacted with disappointment to the European Commission Regulation which is imposing antidumping duties on imports of titanium dioxide from China The association’s managing director Christel.. Persistent Organic Pollutants (POPs) are organic chemical substances that persist in the environment and hence pose a risk of causing adverse effects to human health and the environment... PFAS (per- and polyfluoroalkyl substances) are chemical compounds that have been of great importance in numerous industrial applications due to their unique properties Successful sustainability management requires a solid foundation From reviewing processes to involving stakeholders and analysing external factors SMEs can systematically integrate ESG criteria into.. Sustainability is becoming increasingly important for businesses but where should small and medium-sized enterprises (SMEs) start Limited resources and complex structures often make the first step the.. Find the answers to the most frequently asked questions in our FAQ collection Broadband TV News July 3, 2014 22.31 Europe/London By Jens Schulte-Bockum will continue to head Vodafone Deutschland until March 31 2018 as the telco’s supervisory board has extended the CEO’s contract by three years at its latest assembly in Düsseldorf Schulte-Bockum has been CEO of Vodafone in Germany since 2012 He previously headed Vodafone in the Netherlands Jörn reports on the latest developments in Germany he has been working as a freelance journalist writes articles in specialist publications Jörn is also a moderator of panel discussions at industry events such as ANGA COM Today, consumers are increasingly using bandwidth-intensive and latency-sensitive workloads, such as 4K and 8K streaming, online gaming, and AR/VR applications. As a result, Internet Service Providers must update their networks and by extension Wi-Fi experiences and performance. … [Download the White Paper ...] Copyright © 2025 Broadband TV News LLP · Log in ShareSaveBusinessSportsMoneyDraftKings Signs Deal With NFL Players’ Association As ‘Old Guard’ Gaming Companies Jump Aboard NFT Hype TrainByMarie Schulte-Bockum ShareSaveThis article is more than 3 years old.A gamified version of Patrick Mahomes could soon be available on the blockchain through DraftKings' .. More deal with the NFL Players' Association On Tuesday the $12 billion Boston-based sports betting company DraftKings announced a partnership with the NFL Players' Association The licensing deal grants DraftKings the rights to the intellectual property (IP) of all 2000+ NFL players active today with the opportunity to gamify digital player cards in a new blockchain product this arrangement could lay the groundwork for a fantasy football league where users can buy trade and play NFTs of global stars like Tampa Bay's Tom Brady "We have seen what has happened in the blockchain and crypto space in the past nine to twelve months and how quickly it's moving," Beth Beiriger DraftKings' senior vice president of marketplace operations This partnership with the NFLPA will allow us to bring incredible IP into this new emerging technology.” DraftKings and the NFL Players' Association announced an IP deal to bring .. More current NFL players' likeness onto the blockchain general counsel and head of business at the NFL Players’ Association avoided being pinned down to a timeline for when DraftKings’ new products or games may be launched in the blockchain arena the IP deal between the firm and the NFL PA could bring current NFL players’ image and likeness to a blockchain-based fantasy sports product as early as next year The company is building on the foundation of early returns made from DraftKings Marketplace an online shop for sports NFTs (non-fungible tokens) a gaming and NFT software developer that builds layer 2 products on top of the Ethereum blockchain DraftKings launched the museum-like marketplace where users can buy digital sports memorabilia assets such as exclusive video content of Simone Biles has partnered up with DraftKings on its NFT .. Existing DraftKings users can use their existing DraftKings wallet to buy NFTs in fiat currency on the mobile app or on the Desktop version DraftKings hopes to further its growing consumer base which its 2020 earnings report reported to be 1.1 million monthly unique paying users almost 300% more than the 295,000 it had in 2019 Monthly revenue per user also grew 27% to $80 in the same time frame Despite this growth DraftKings will still need to succeed in a tightening industry with a clear market leader Allowing fans to pay for NFTs in US dollars is a mode of mass adaptation first employed by Dapper Labs a digital-native product of on-chain video moments of real basketball scenes users unpack virtual packets of video moments from NBA games like a  James Harden assist for Kevin Durant speaking at the 2019 Growth Summit in Toronto NBA Topshots had 800,000 registered users and monthly sales of $232 million The firm also recently announced a deal with Spain’s La Liga to bring similar video moment NFTs to fans of the European soccer league According to Beringer other competitors include OpenSea home to famous collections like CryptoPunks or the Bored Ape Yacht Club She added that blockchain start-ups like Axie Infinity Sorare and ZED Run are also early adapters of fantasy sports and NFT collectibles with sports game utility Another rival who could make a blockchain fantasy sports play in 2022 is Fanatics the MLB and SoftBank were all investors in Fanatics’ August 2021 funding round When Major League Baseball’s existing IP deal for player cards and collectibles expires with Panini and Topps in 2022 Fanatics will have exclusive rights to the image and likeness of MLB players J' Ervin at the 2017 Fanatics Super Bowl Party in Houston Finally, traditional gaming giants and betting companies are eager to compete. In an early November earnings call, EA' CEO Andrew Wilson whose company has video game licensing deals with the world soccer association FIFA called the crypto gaming space "the future of our industry." Wilson highlighted the potential for NFTs that can be purchased or earned within games May 19, 2015 12.21 Europe/London By Jens Schulte-Bockum has informed the supervisory board of Vodafone Deutschland of his intention to resign from his position as CEO within the current fiscal year Schulte-Bockum will continue to head the company in the transition period The successor will be announced in due course Schulte-Bockum’s decision follows the release of Vodafone Germany’s figures for the fiscal year 2014/15 which saw a decline in turnover by 3.2% compared with the previous year The turnover in the core business segment mobile services dropped by 3.5% He will assume the role currently held by group COO Jens Schulte-Bockum, whose contract ends on 31 March 2024. Adadevoh’s new designation has been amended to better align with the group’s operating model, and he will join the exco on the effective date and assume all of Schulte-Bockum’s executive responsibilities in a transition process over the next few months, says MTN. According to the group, the leadership changes are in line with its succession planning to ensure the continued delivery of its Ambition 2025 strategy. Adadevoh joined MTN in 2018 as CEO of key subsidiary MTN Ghana and brings extensive experience to his new role, it says. Prior to assuming the role of MTN Ghana CEO, he held key positions within the Digicel Group, including CEO, COO and global director of the mobile financial services firm. Before that, he held various senior positions at telecoms firm Millicom/Tigo in Ghana. Schulte-Bockum will continue to serve as a non-executive director on the boards of MTN South Africa, MTN Nigeria and Bayobab. Stephen Blewett has been appointed as the new CEO of MTN Ghana, effective 1 April 2024. According to the group, Blewett re-joined MTN in July 2023 as operations executive for markets, tasked with the responsibility of taking care of the smaller West and Central Africa (WECA) markets, and providing broader operations support to the senior VP for markets across the overall WECA region. Prior to Blewett re-joining MTN, he was at Digicel, where he held the position of COO. He previously spent seven years within the group in CEO roles for MTN Benin and then MTN Cameroon. He currently sits on various boards within the WECA market operating companies, some of which as chairman. MTN Group president and CEO Ralph Mupita says: “I would like to thank Jens for his valuable contribution over the years. I would like to take this opportunity to congratulate Selorm and Stephen on their appointments. “On behalf of everyone at MTN, I wish them well in their new roles and look forward to their ongoing contribution in the delivery of our Ambition 2025 strategy.” The shake-up of the top management team at MTN continues The South African-headquartered emerging-markets telecommunications group has hired Jens Schulte-Bockum as its new chief operating officer the group has announced it is hiring BT Global Services sub-Saharan Africa CEO Oliver Fortuin as executive head of business enterprise and Bernice Samuels as group executive of marketing Schulte-Bockum will assume the position of group COO effective 16 January 2017 Schulte-Bockum was CEO of Vodafone Germany between 2012 and 2015 “We expect Jens to bring extensive experience in the consumer business as well as the area of large-scale transformation in a convergent operation,” MTN said in a statement to shareholders on Wednesday will join MTN on 1 March 2017 from BT Global Services Fortuin has decades of ICT sector experience at companies such as IBM Oliver was engaged in the development and sale of enterprise solutions to many multinationals across the African continent Oliver will greatly enhance MTN’s strategy in this area,” MTN said She was previously chief marketing officer at MTN South Africa prior to assuming a similar role at First National Bank she was named executive director of strategy and business development at SABMiller in South Africa “These senior management appointments bring to finality the management aspect of a large-scale transformation and operational review process which I am confident will place the group in good stead to capitalise on its many prospects and reach its full potential in a rapidly transforming and exciting sector,” said MTN interim executive chairman Phuthuma Nhleko in the statement The company says on the Johannesburg Stock Exchange that a group of senior MTN employees have accepted the shares, which have a three-year vesting period, and are subject to performance conditions under the MTN performance share plan. The share awards to MTN employees come as the MTN Group continues to outperform the market. In the quarter ended September, the group's service revenue increased by 9% year-on-year to R156 billion, with data revenue increasing by 15.3% and fintech revenue increasing by 20%. The telecoms provider based in South Africa also reported that group EBITDA increased 2.8% year-on-year, with an EBITDA margin of 42.8% (3Q22: 45.3%). Capex at MTN Group was R43.921 billion in the three-month period under review, up from R38 billion in Q3 2022. Today, the company said MTN Group president and CEO, starting yesterday, was granted 321 077 shares for R36.9 million. Tsholofelo Molefe, CFO of MTN Group, received 171 738 shares for R19.7 million. Jens Schulte-Bockum, MTN Group's chief operational officer, received 212 614 shares worth R24.4 million. Paul Norman, the head of human resources, received 86 431 shares worth R9. 9 million. Other recipients include MTN Nigeria CEO Karl Toriola, who earned 108 375 shares for R12.4 million. MTN SA CEO Charles Molapisi received 144 529 shares for R16.6 million, while MTN Irancell CFO Ferdi Moolman received 98 635 shares worth R11.3 million. MTN SA CFO Dineo Molefe received 51 174 shares worth R5.8 million. Mazen Mroue, MTN Group's chief technology and information officer, was also offered 125 249 shares with a total value of R14.4 million. Thobeka Sange Sishuba Bonoyi, group company secretary, was awarded 32 412 shares worth R3.7 million. Mateboho Rantofi, Bonoyi's equivalent at MTN SA, received 15 693 shares worth R1.8 million. MTN Group's senior vice president of markets, Ebenezer Asante, was given 206 556 shares for R23.7 million. MTN Group today also announced a further allotment of 41 300 shares for Asante, valued at R5.4 million. "An additional allocation was made to correct an omission in the 2022 performance share plan allocation. Price per share as of 9 December, 2022," the company says. Jens Schulte-Bockum will assume the position of group COO on 16 January 2017 when Desai retires. MTN says Schulte-Bockum has extensive operational experience in the mobile telecoms sector, with his last senior role being as CEO of Vodafone Germany between 2012 and 2015. "We expect [Schulte-Bockum] to bring extensive experience in the consumer business, as well as the area of large scale transformation in a convergent operation," the group said in a statement. Desai only took up the role of group COO on 1 December 2015 but has spent 15 years at MTN and previously held the positions of CIO at MTN Nigeria and COO of MTN Irancell. Oliver Fortuin will assume the position of executive head of business enterprise, effective 1 March 2017. He is currently the CEO of BT Global Services Sub Saharan Africa, having previously held many senior roles at IBM, HP and Lenovo. MTN says as head of BT Global Services he was engaged in the development and sale of enterprise solutions to many multinationals across the African continent and he will greatly enhance the telco's strategy in this area. MTN also announced that Bernice Samuels has re-joined it as group executive of marketing, effective 1 January 2017. Samuels was previously chief marketing officer in MTN SA, prior to assuming a similar role at FNB. She subsequently assumed the position of executive director of strategy and business development at SABMiller in South Africa. MTN says Samuels "will greatly assist in lifting and repositioning product development and uplifting the MTN brand to maintain its pre-eminent position in Africa and the Middle East, whilst adapting to a rapidly evolving sector". "These senior management appointments bring to finality the management aspect of a large scale transformation and operational review process which I am confident will place the group in good stead to capitalise on its many prospects and reach its full potential in a rapidly transforming and exciting sector," says Phuthuma Nhleko, MTN group executive chairman. has been appointed the Chief Commercial Officer of MTN Group He will succeed Jens Schulte-Bockum who steps down as Group Chief Operating Officer of the MTN Group at the end of his contract term in March 2024 Mr Adadevoh joined MTN in 2018 as CEO of MTN Ghana after having worked with Digicel A statement released by the mobile network operator indicated Mr Adadevoh will become a member of the MTN Group Executive Committee after Jens steps down from his executive role in March 2024 will assume the role of CEO of MTN Ghana after Mr “We congratulate Selorm on his new appointment and thank him for successfully leading the company and steering it through challenging times and for his hard work and commitment to MTN Ghana over the past five and a half years We have no doubt that he will excel in his new role,” said MTN Ghana Board Chairman Announcement of Scancom PLC (“MTN Ghana”) CEO promotion to the new role of MTN Group As part of our work to ensure orderly leadership succession MTN Group announces the appointment of MTN Ghana CEO taking over from Jens Schulte-Bockum who steps down as Group Chief Operating Officer at the end of his contract term in March 2024 will assume the role of CEO of the important MTN Ghana subsidiary Selorm will become a member of the MTN Group Executive Committee Jens will step down from his executive role on 31 March 2024 but will remain a non-executive director on the boards of major subsidiaries – MTN South Africa Selorm joined MTN in 2018 as CEO of MTN Ghana he held key roles at Caribbean mobile network operator UK and Latin America at various stages in his career Selorm has led the transformation of the MTN Ghana business and has been instrumental in driving the new Ambition 2025 strategy for MTN Ghana towards becoming a platform player His influence and impact on major industry initiatives have been significant Stephen re-joined MTN in July 2023 as the Operations Executive for Markets with executive responsibility for the Group’s smaller West and Central Africa markets and for providing broader operations support across that region to the Group’s Senior Vice President for Markets he spent seven years at MTN in the role of CEO for MTN Benin and then MTN Cameroon “We welcome Stephen into the MTN Ghana family and look forward to working with him to move the company forward to achieve our Ambition 2025 strategy and beyond,” Chairman Yamson added The Board of Directors of MTN Ghana and its subsidiaries would like to take this opportunity to express their gratitude to Selorm for his immense contribution to the company during his tenure as CEO and we wish him every success in his new role as MTN Group Chief Commercial Officer We welcome Stephen to the MTN Ghana family and look forward to welcoming him to the business in the months ahead CitiNewsroom.com is Ghana's leading news website that delivers high quality innovative alternative news that challenges the status quo © 2024 All Rights Reserved Citi Newsroom.