People: MTN Group Ltd (MTNJ.J)
2 Dec 2016
Mr. Phuthuma F. Nhleko is the Non-Executive Chairman of the Board of MTN Group Limited, effective July 1, 2017. Within the Company, he was Independent Non-Executive Chairman of the Board between May 28, 2013 and November 9, 2015, as Group President, Chief Executive Officer, Executive Director between July 1, 2002 and April 1, 2011, and as Non-Executive Chairman of the Board until July 1, 2002. Board committee membership: Chairman: Nominations committee; Member: Remuneration and human resources committee. Other directorships: Chairman of various companies in MTN Group, chairman of Pembani Group, director of BP plc, Anglo American plc, Rapid African Energy, Afrisam (South Africa) (Pty) Limited and Opiconsivia Investments 230 (Pty) Limited. Skills, expertise and experience Phuthuma was appointed MTN non-executive director and chairman in 2013. He previously served as a non-executive director and chairman of MTN from July 2001 until June 2002 and thereafter as an executive director as well as Group president and CEO until March 2011. He began his career as a civil engineer in the US and as a project manager for infrastructure developments in southern Africa. Following this he became a senior executive of the Standard Corporate and Merchant Bank in South Africa. He later held a succession of directorships before joining MTN Group and was formerly a director of a number of listed South African companies, including Johnnic Holdings, Nedbank Group, Bidvest Group and Alexander Forbes. He received a Bachelor of Science degree in Civil Engineering from Ohio State University in 1983 and a Masters of Business Administration degree in Finance from Atlanta University in 1987.
|Total Annual Compensation, ZAR||275,000|
|Restricted Stock Awards, ZAR||--|
|Long-Term Incentive Plans, ZAR||--|
|All Other, ZAR||1,692,000|
|Fiscal Year Total, ZAR||1,967,000|