The MTN Group appointed Ralph Mupita ('Ralph') to the position of Group Chief Financial Officer ('Group CFO') and Executive Director of MTN Group, with effect from 3 April 2017.

Ralph is currently Chief Executive of Old Mutual Emerging Markets and has extensive experience in the financial services sector, having had a distinguished career at Old Mutual over the last 16 years. The board of directors of MTN Group ('the Board'), following accepted standard governance practice, is assured that Ralph is suitable to take on this important role and responsibility taking into account his background in the highly regulated and well developed-risk framework in the financial services sector.

Gunter Engling, currently Acting Group CFO, will assume the position of Deputy Chief Financial Officer, with effect from 3 April 2017, reporting to Ralph Mupita.

MTN Group Ltd. published this content on 31 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 31 October 2016 13:42:06 UTC.

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