MTN’s Strategic Shake-Up: Exec Transitions, New GCCO, and Ghana Leadership Shifts Set Ambitious Course for 2024

  • Executive Transition: Jens Schulte-Bockum to step down as GCOO at MTN when his contract ends on March 31, 2024.
  • New GCCO Appointment: Selorm Adadevoh appointed as the Group Chief Commercial Officer, effective April 1, 2024.
  • Leadership at MTN Ghana: Stephen Blewet to become the CEO of MTN Ghana, succeeding Selorm Adadevoh from April 1, 2024.
By Lethabo Ntsoane

In a strategic move aligning with its Ambition 2025 goals, MTN Group Limited has announced key leadership changes. These adjustments, including shifts in the Group Executive Committee (Exco) and Markets leadership, are part of the company’s succession planning to ensure continued success.

Completion of Jens Schulte-Bockum’s Tenure as GCOO:

Jens Schulte-Bockum, the Group Chief Operating Officer (GCOO), is set to step down from his role and the Group Exco when his fixed-term contract concludes on March 31, 2024. Jens, who has been instrumental in scaling MTN’s core connectivity business, including home, fibre, enterprise, and network as a service (NaaS), has served the company admirably for seven years.

As Jens concludes his tenure, he will continue to contribute as a non-executive director on the boards of MTN South Africa, MTN Nigeria, and Bayobab. He played a crucial role in the recent acceleration of the Group’s digital services platforms, such as the Ayoba super app and the API marketplace capability Chenosis.

Selorm Adadevoh’s Appointment as Group Chief Commercial Officer (GCCO):

MTN is pleased to announce the appointment of Selorm Adadevoh as the new Group Chief Commercial Officer (GCCO), effective April 1, 2024. Selorm, who joined MTN in 2018 as the CEO of key subsidiary MTN Ghana, brings a wealth of experience to his new role.

Selorm’s journey within the telecommunications industry includes key positions within the Digicel Group and Millicom/Tigo in Ghana. His diverse roles encompass CEO, COO, and Global Director for Mobile Financial Services (MFS). The appointment is seen as a strategic move to strengthen the Group’s commercial focus in line with its operational model.

Stephen Blewet to Lead MTN Ghana:

Effective April 1, 2024, Stephen Blewet will assume the role of CEO of MTN Ghana, succeeding Selorm Adadevoh. Stephen rejoined MTN in July 2023 as the Operations Executive for Markets, overseeing smaller West and Central Africa (WECA) markets. His executive responsibilities also extend to providing broader operational support to the Senior Vice President (SVP) for Markets across the overall WECA region.

Before returning to MTN, Stephen held the position of COO at Digicel and spent seven years within the MTN Group in CEO roles for MTN Benin and MTN Cameroon. His extensive experience positions him well to lead MTN Ghana and contribute to the broader WECA market.

Comments from MTN Group President and CEO, Ralph Mupita:

Ralph Mupita, MTN Group President and CEO, expressed gratitude for Jens’s significant contribution and looks forward to his continued input on the boards of MTN SA, MTN Nigeria, and Bayobab. Mupita emphasized the importance of strong internal appointments within the Group, showcasing robust succession planning.

Mupita concluded, “I would like to take this opportunity to congratulate Selorm and Stephen on their appointments. On behalf of everyone at MTN, I wish them well in their new roles and look forward to their ongoing contribution in the delivery of our Ambition 2025 strategy.”

Conclusion:

These leadership changes reflect MTN’s commitment to navigating the dynamic telecommunications landscape and achieving its Ambition 2025 objectives. The company remains focused on delivering quality services to its customers while embracing innovation in the digital era. The strategic appointments underscore MTN’s dedication to fostering talent from within its ranks and positioning itself for continued success in the South African and global markets.

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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