MTN Group has announced a major reshuffle of its board, appointing five independent non-executive directors as part of an extensive succession planning process. The move also coincides with a leadership change at its South African subsidiary.
The Johannesburg-based telecommunications company currently has 12 non-executive directors. Following the latest appointments, the board will temporarily expand to 15 members, effective from 31 March 2026.
The newly appointed directors are Herman Bosman, Advocate Ouma Rasethaba, Stéphane Richard, Ignatius Sehoole and Saf Yeboah-Amankwah.
Bosman, who chairs MTN Group Fintech, previously served as chief executive of RMB Holdings and RMI Holdings. He brings significant expertise in financial services, mergers and acquisitions, and corporate finance.
Rasethaba is a former deputy national director of public prosecutions in South Africa and previously led the Asset Forfeiture Unit. She has also held senior roles at Telkom, including chief governance officer and chief risk officer.
Richard, formerly group chief executive of Orange, one of the world’s largest telecoms operators, oversaw the company’s expansion across Europe, Africa and the Middle East.
Sehoole, a former chief executive of KPMG South Africa and past president of Saica, contributes both financial and telecommunications sector experience.
Yeboah-Amankwah recently served as senior vice-president and chief strategy officer at Intel. He was also a senior partner at McKinsey & Company, advising across the technology, media and telecommunications industries.
Governance and compliance
In line with paragraph 5.6 of the JSE Listing Requirements, MTN confirmed that all incoming directors underwent thorough “fit and proper” assessments, including independent verification of their qualifications. The board expressed satisfaction with the outcomes.
How Digital Empowerment is Shaping the Future of Ugandan Women Additionally, in accordance with paragraph 6.74 of the JSE rules, none of the new appointees have made any declarations requiring disclosure.
The group said the changes are intended to reinforce governance, deepen expertise, and enhance strategic oversight.
Two long-serving board members, Stan Miller and Nkululeko Sowazi, both appointed in August 2016, will step down at the annual general meeting on May 29, 2026, after more than nine years of service.
“These changes are part of the Group’s comprehensive succession planning to ensure delivery against our evolved Ambition 2030 strategy. They also reflect ongoing efforts to strengthen governance, expertise and strategic oversight,” said MTN Group Chairman Jonas Mcebisi. “The Board will temporarily expand to accommodate new appointments during the transition period and will gradually reduce as directors retire and succession plans progress.”
Mcebisi also expressed appreciation for the outgoing directors’ contributions and welcomed the new members, noting their role in advancing MTN’s ambition to deliver digital solutions that support Africa’s development.
Changes at MTN South Africa
Separately, Mike Harper will step down as chairman of MTN South Africa on 31 March 2026, a position he has held since 2016. Sindi Mabaso-Koyana will assume the role from the same date.
Harper will remain on the MTN South Africa board until 31 July 2026 to ensure a smooth transition.
Noluthando Gosa, currently an independent non-executive director on the MTN Group board, will also join the MTN South Africa board as a non-executive director, subject to the completion of governance processes. Both Mabaso-Koyana and Gosa will continue serving on the MTN Group board.
