Safaricom company secretary Sitholizwe Mdlalose has resigned from the company.
“The Board announces the resignation of Mr. Sitholizwe Mdlalose with effect from 1st August 2022,” Safaricom said in a statement.
“We take this opportunity to thank Sitho for his service, dedication, sound advice and commitment to the Company with particular reference to his invaluable contributions at the Board Audit, Risk and Compliance Committee. The Board wishes him the very best for the future.”
This came as the leading telecommunications firm announced the departure of Michael Joseph as the board chairman.
The company announced that Joseph will be replaced by John Ngumi who is currently the board chairman at the ICDC.
Joseph’s departure came barely two years after he was appointed to the position.
Mdlalose has previously held the position of Managing Director and Non-Executive Director at Vodacom Tanzania Ltd.
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Mdlalose is a qualified chartered accountant and a Harvard Business School senior executive program graduate.
He has more than 20 years of experience in finance, consulting and management; 13 of which have been in telecommunications across both emerging and developed markets.
Mdlalose worked at the Vodafone Group for over six years prior to joining Vodacom. He has held various leadership roles, including Chief Finance Officer for International Business.
He was then interim Group Chief Finance Officer and finance director for Vodacom South Africa before being appointed to MD for Vodacom Tanzania in 2021.
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