Telecommunications group MTN has announced a major shake-up of executive responsibilities, with a series of new senior appointments at group level and at its key operations in South Africa, Nigeria and Ghana. MTN Ghana CEO Michael Ikpoki has been named as
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MTN executives have been awarded share options worth more than R50m at the prevailing share price. Group CEO Sifiso Dabengwa has been awarded 94 600 shares, which were worth R16,9m based on Wednesday morning’s near-record share price of R178,88. The shares will vest in three years provided the requirements of MTN’s
MTN has awarded its group president and CEO Sifiso Dabengwa 111 600 shares worth R15,9m. The shares vest in three years in accordance with the group’s share plan in terms of which certain performance targets must be met. The options were awarded at a share price of R142,12. At the same time, the group
MTN has appointed Ahmed Faroukh as vice president of its West and Central African Africa region, promoting him from his position as CEO of MTN Nigeria