MTN South Africa has appointed Ernst Fonternel (pictured left) as Chief Consumer Officer and Divyesh Joshi (pictured right) Chief Strategy and Transformation Officer.
Both appointments have been hired internally and will go into effect on October 1, the company said
MTN also created two new executive roles: Chief Commercial Operations Officer and Chief Risk Officer.
He said active recruiting for these positions is clandestine.
“The current high-level structure has been optimal to enable us to evolve and grow the business to where we are today,” said Charles Molapisi, CEO of MTN SA.
“However, in pursuit of Ambition 2025, the current structure needed to be optimized to adequately support our strategic ambition.”
Fonternel has been an industry veteran for over 20 years, with most of his years spent at MTN SA.
Prior to being appointed Chief Consumer Officer, he led MTN’s digital and online portfolios as Chief Digital Officer and served as Chief Marketing Officer (CMO) at MTN Zambia between 2009 and 2012.
He also held the position of CMO in MTN Uganda.
He holds a B. Comm. Qualification (Accounting) from the University of Johannesburg.
Joshi acted as interim CFO of MTN SA in 2020 and currently holds the position of general manager of the company’s finance digital transformation.
He is a Qualified CA (SA) and holds a M.Comm (Taxation) from the University of Pretoria.
“The fast-paced world of telecommunications and technology requires an agile, responsive and pioneering leadership approach,” said Molapisi.
“To this end, our goal has been to define, design and shape a future-proof leadership model for MTN SA, leveraging the vast experience and expertise within the senior management team.”