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SENS Note - 01 March 2010
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| MTN''s CEO to resign in March 2011
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MTN announced that Phuthuma Nhleko will not be renewing his long term contract of employment which ends on 30 June 2010. Consequently he will stand down as group president and CEO. Mr Nhleko has, however, agreed with the board to continue in his current role up to March 2011. During the remainder of his tenure Mr Nhleko has agreed to particularly focus on achieving certain key objectives including facilitating a seamless transition once his successor has been appointed.
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