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Vodacom loses SA head to Vodafone

Dec 23 2010 10:40 I-Net Bridge

Company Data

VODACOM GROUP LIMITED [JSE:VOD]

Last traded 127.75
Change -0.12
% Change 0.00
Cumulative volume 977011
Market cap 190.09bn

Last Updated: 22/10/2014 at 04:23. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - Cellular services provider Vodacom Group [JSE:VOD] said on Thursday that its executive director of Vodacom Group and managing director of Vodacom SA, Shameel Aziz Joosub,  will become CEO of Vodafone Spain, one of Vodafone's largest operating companies.

"In view of this well deserved promotion, Shameel will step down from the board of Vodacom Group and resign as managing director of Vodacom SA at end-March 2011," the group said.

Peter Moyo, chairperson of Vodacom Group, said that while Joosub would be sorely missed, he had been presented with an exciting opportunity as CEO of Vodafone Spain, and he wished him success in his new role.

The process to find a replacement for Joosub at Vodacom SA has started, the group said. 

vodacom group  |  vodafone
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