Investors wanted someone from outside of MTN with telecoms experience.— Loni Prinsloo, Bloomberg
MTN Group named Vodafone Group’s Rob Shuter as CEO, turning to a seasoned executive to lead Africa’s biggest mobile-phone company following the settlement of a record fine in Nigeria.
Shuter, a South African who leads Vodafone’s European cluster as CEO, will start by 1 July 2017, MTN said in a statement on Monday.
The Money Show’s Bruce Whitfield interviewed Bloomberg News Johannesburg journalist Loni Prinsloo.
Scroll down for quotes from the audio below.
Large investors wanted a South African.— Loni Prinsloo, Bloomberg
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