Vodacom announced on Monday it has appointed Khumo Shuenyane as a non-executive director.
The Vodafone-owned mobile phone group said Shuenyane’s appointment is effective on 21 July 2020.
Shuenyane has served as an independent non-executive director of Investec Limited and Investec Plc (together ‘Investec Group’), and several companies within the Investec Group, since 2014.
He was appointed chairman of Investec Bank Limited, Investec Group’s South African banking subsidiary, in 2018.
He has over a decade of experience in the telecoms industry.
He served six years as Group Chief Mergers & Acquisitions Officer for MTN Group and a member of its Group Executive Committee followed by a six-year stint with Delta Partners, a global advisory firm headquartered in Dubai and focused on the telecoms, media and technology sectors, in various capacities.
Previously with Investec Bank for nine years, serving as head of Principal Investments for three years and a member of Investec’s corporate finance team before that.
Prior to joining Investec in 1998, Shuenyane worked for Arthur Andersen in Birmingham, UK and in Johannesburg for six years from 1992.
He qualified as a member of the Institute of Chartered Accountants in England & Wales in 1995.
Vodacom also advised shareholders that Nomkhita Nqweni has been appointed as alternate to Phuti Mahanyele-Dabengwa with effect from 1 April 2020.
Nqweni is the former Chief Executive: Wealth & Investment Management and Insurance (Africa) for the Absa Group and former managing director of Alexander Forbes Financial Services Holdings Limited. She was previously business development manager at SCMB Asset Management.
“The Board looks forward to Khumo’s and Nomkhita’s contribution.”