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.