MTN on Monday confirmed speculation that its South African CEO, Ahmad Farroukh, has resigned. He will leave MTN’s employ on 31 July, the operator said in a statement.
“This was a difficult decision to take for Ahmad, but unavoidable due to personal and family reasons,” said MTN’s group CEO, Sifiso Dabengwa.
He will leave after just a year in the position. He replaced Zunaid Bulbulia, who also had a short tenure in the hot seat at the South African operation. Bulbulia is now group chief operating officer.
Bulbulia has tried unsuccessfully to end a protracted strike involving some members of the Communication Workers Union. The industrial action started on 20 May.
Farroukh joined MTN in 2006, with the group’s acquisition of Investcom.
“He has fulfilled several roles during his tenure with the group. Farroukh is a former CEO of MTN Nigeria, and served in a similar role at MTN Ghana,” the group said in the statement. “Before assuming the role of group chief operating executive, he was vice-president of the West and Central Africa region.”
MTN said a successor to Farroukh will be announced as soon as the new appointment is finalised. — (c) 2015 NewsCentral Media