Johannesburg - Telecommunications company Telkom [JSE:TKG]
on Thursday announced the appointment of five top business leaders as
independent non-executive members of its board.
The new board members are Susan Botha‚ Clive Adrian Fynn‚
Khanyisile Kweyama‚ Fagmeedah Petersen and Louis Leon Von Zeuner.
Telkom now has a board of 14 members‚ enabling it to
speedily fill vacancies on board committees and to focus on the recruitment of
a new group chief executive officer.
Current GCEO Nombulelo Moholi has resigned but is continuing
to serve the company during her notice period‚ the company said in a statement.
“The latest appointments join our other recent board
recruits‚ Leslie Maasdorp and Kholeka Mzondeki‚ and together they form a
considerable resource for executive management‚” said board chairperson Jabu
He said Telkom appreciated that the new board members had
demonstrated their commitment to contribute towards the development of Telkom
as a company that is critical to the future of South Africa’s economy.
“In addition‚ the recent meeting between the minister of
communications and the board demonstrated that there is a fresh‚ shared‚
understanding emerging of the policy requirements of government and the
business imperatives for Telkom.
“It is encouraging that in just a few weeks we have made
significant strides in addressing the issues of leadership and government’s relationship
with Telkom‚” he added.
“This path to full restoration of all governance structures
will be followed with the appointment of a new group chief executive officer.
This will place Telkom firmly on track to deliver the dual challenges of
maintaining and growing shareholder value and contributing towards national
economic and social development,” said Mabuza.
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