Vodacom: Director Shuffle Boosts Board with Global Expertise

  • Sunil Sood resigns as a non-executive director of Vodacom Group Limited, effective from October 5, 2023.
  • Joakim Reiter, Chief External and Corporate Affairs Officer of Vodafone, appointed as his successor on October 6, 2023.
  • The Social and Ethics Committee undergoes a composition change, with Joakim Reiter becoming a member, effective October 6, 2023.
Published by
Lethabo Ntsoane

Vodacom Group Limited has undergone significant changes in its board of directors. In a recent announcement, the company revealed the resignation of Sunil Sood as a non-executive director and the appointment of Joakim Reiter as his successor.

Sood, who served as a non-executive director, has tendered his resignation, which will take effect from the 5th of October, 2023. His departure marks the end of an era characterized by substantial contributions to the company’s growth and development.

Taking the reins from Sood is Joakim Reiter, an accomplished professional with an impressive background. Reiter is currently the Chief External and Corporate Affairs Officer of Vodafone Group Plc and is a member of the Vodafone Group Plc Executive Committee. He oversees various crucial aspects of the telecommunications giant, including public relations, corporate affairs, policy and regulation, communications, security, sustainability, and charitable activities.

Before joining Vodafone in April 2017, Joakim Reiter held esteemed positions in the international arena. He served as the Assistant Secretary-General of the United Nations and the Deputy Secretary-General of the United Nations Conference on Trade and Development (UNCTAD). Prior to his United Nations roles, Reiter spent over 15 years in the foreign service of Sweden, where he held various positions, including Deputy Director-General of the Ministry of Foreign Affairs, Ambassador to the World Trade Organization, and roles at the Permanent Representation to the European Union. Additionally, he contributed significantly as an EU negotiator with DG Trade at the European Commission.

Joakim Reiter, a Swedish national, is highly educated, holding a Masters in Economics from the London School of Economics and a Masters in Political Science from Lund University. His vast experience and deep knowledge in international relations and corporate affairs make him a valuable addition to Vodacom’s board of directors.

The announcement also shed light on the constitution of the company’s Social and Ethics Committee, effective from the 6th of October, 2023. The committee, responsible for overseeing social and ethical matters within the company, will be composed of the following members:

Committee Members
K Shuenyane (Chairman)
S Macozoma
N Nqweni
L Wood
J Reiter
S Joosub

The board expressed their gratitude to Sunil Sood for his substantial contributions to the company over the years. His departure leaves a void that will be filled by Joakim Reiter, whose impressive track record and extensive international experience are expected to contribute significantly to Vodacom’s continued growth and success.

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Lethabo Ntsoane

Lethabo Ntsoane holds a Bachelors Degree in Accounting from the University of South Africa. He is a Financial Product commentator at Rateweb. He is an expect financial product analyst with years of experience in reviewing products and offering commentary. Lethabo majors in financial news, reviews and financial tips. He can be contacted: Email: lethabo@rateweb.co.za Twitter: @NtsoaneLethabo