Ahmad Farroukh has replaced MTN South Africa CEO Zunaid Bulbulia with immediate effect. Bulbulia has been named chief operating officer of the MTN group, which is the role that Farroukh has filled until now.
MTN did not explain why it had decided to move Bulbulia out of its key South African operation. In a statement, it said simply that the move is “in line with MTN’s strategy to regularly rotate key talent within the business”.
“I wish both of Zunaid and Ahmad success in their new roles, as they continue to contribute to the growth of MTN in South Africa and across our footprint,” said group president and CEO Sifiso Dabengwa in the statement.
Bulbulia is a founding member of MTN and was the chief financial officer of the company. Farroukh is a former CEO of MTN Nigeria and served in a similar role in Ghana.
Both men will continue to serve on the MTN group executive committee. — © 2014 NewsCentral Media