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New vice-president for MTN Group

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MTN has appointed Stephen van Coller as vice-president: strategy and mergers & acquisitions.

The appointment will be effective 1 October 2016. Van Coller will be the fourth vice-president of the   Group, the other three   having responsibility for the geographic operating regions of MTN.

Van Coller is a qualified chartered accountant. He has over two decades in financial services, 10 years at Deutsche Bank from 1996 as a MD of investment banking, an executive committee member and foundation trustee for Deutsche Bank in South Africa. The last 10 years were at Barclays Africa Group

where he has held the positions of head of primary markets: Absa Capital, and more recently CEO of the Corporate and Investment Bank (CIB) overseeing over R250-billion in assets across 13 African countries. Van Coller was also part of the Barclays EMEA CIB executive committee.

He serves as a member of the World Economic Forum, represented on the Global Agenda Council (GAC) on Values as well as serving on the GAC committee on the Future of Banking.

MTN will continue to develop participation in the enterprise sector and adjacent sectors such as financial services and media and entertainment. As the head of strategy and mergers & acquisitions, Van Coller will be instrumental in helping the group realise its ambitions and commitments.

Meanwhile, Brett Goschen, the group chief financial officer, will be leaving MTN effective 30 September 2016 to pursue other interests, and will be resigning from board.

Gunter Engling will assume the position of acting group chief financial officer until a permanent chief financial officer is appointed.