South African mobile phone operator MTN named Vodafone European cluster head Rob Shuter as its new chief executive on Monday.
Shuter, who will start no later than July 2017, replaces Sifiso Dabengwa, who resigned last November after a $5.2 billion fine in Nigeria exposed corporate governance flaws at Africa’s biggest mobile phone operator.
Mr Shuter according to his LinkedIn page was until now the CEO – Responsible for Vodafone’s operations in 9 European markets: Netherlands, Portugal, Ireland, Greece, Romania, Czech Republic, Hungary, Albania and Malta. Member of Vodafone Group Executive committee reporting to the Group Chief Executive Officer.
He started his career in Deloitte as a chartered accountant before moving on to Standard Bank of South Africa where he was Head of Investment Banking – responsible for the Standard Bank Group’s M&A business, Stockbroking and Equity Derivatives (jointly with Treasury). 1994-1999
He went on to work in South African bank Nedband as MDRetail – responsible for the consumer and small business segments of Nedbank including all the products and channels and the bancassurance and wealth businesses in South Africa, the UK and the Channel Islands.He was there between 2000 and 2009.
He joined Vodacom as Group CFO in South Africa in 2009.