Phuthuma Nhleko

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Freedom Phuthuma Nhleko (born 7 April 1960) is a South African businessman, formerly chief executive and executive chairman of MTN Group,[1] a South African multinational mobile telecommunications company primarily focused on Africa.[2]

Career[]

Nhleko's earned a BSc in civil engineering from Ohio State University and an MBA in finance from Atlanta University.

In 1994, Nhleko founded Worldwide African Investment Holdings, an investment holding company with interests in the petroleum, telecommunications, and information technology industries.[3]

In 2002, Nhleko became CEO of MTN Group.[4] In 2007, Nhleko was appointed to the Board of Directors of the GSM Association (GSMA), the global trade association for mobile phone operators. He served the board during a two-year term from January 2007.

He was previously a senior member of the Standard Corporate & Merchant Bank corporate finance team. He also practised as a civil engineer and project manager for the Urban Foundation, and was a senior road engineer for the in Swaziland.

Nhleko is a director of Johnnic Holdings, Nedbank Group and Old Mutual SA.

In 2012, Nhleko founded the Pembani Remgro Infrastructure Fund with Johann Rupert.[5]

References[]

  1. ^ Staff Writer (2019-12-18). "MTN's Nhleko bows out as Jonas takes over chairmanship". ITWeb. Retrieved 2020-09-18.
  2. ^ Bridge, Sherilee (2007). Trailblazers: South Africa's Champions of Change. Juta and Company Ltd. pp. 120–122. ISBN 978-1-77013-110-1. Retrieved 26 September 2010.
  3. ^ "Ex-SAA boss serving as a director of 23 companies". TimesLIVE. Retrieved 2020-03-24.
  4. ^ Lourie, Gugulakhe (2009-05-25). "NEWSMAKER-MTN's Nhleko, a shrewd dealmaker". Reuters. Retrieved 2020-03-24.{{cite news}}: CS1 maint: url-status (link)
  5. ^ "Rupert, Nhleko establish R3.5bn fund to help fix SA's electricity". BizNews.com. 2015-05-27. Retrieved 2020-03-24.
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