MTN appoints Mteto Nyati to be CEO of South African business

Mteto Nyati, CEO, MTN South Africa

MTN Group Ltd. appointed Mteto Nyati to lead its South African business, promoting the former Microsoft Corp. executive to run the wireless carrier’s second-biggest unit.

Nyati succeeds Ahmad Farroukh at the Johannesburg-based carrier immediately, MTN said in a statement on Monday.

Farroukh resigned last week to join Etihad Etisalat Co. as CEO, citing personal reasons, the company said at the time.

“The appointment of a leader of Nyati’s caliber and competencies will greatly enhance our efforts to strengthen the confidence of our customers and reinvigorate our people,” MTN CEO Sifiso Dabengwa said in the statement.

Read more: MTN Appoints Mteto Nyati to Be CEO of South African Business – Bloomberg Business