MTN Group has announced the resignation of Ahmad Farroukh, CEO of MTN South Africa, which will take effect on 31 July 2015.
Farroukh joined MTN in 2006. He was also the former chief executive officer of MTN’s biggest African operation in Nigeria and headed up the company’s Ghana operations.
“This was a difficult decision to take for Ahmad, but unavoidable due to personal and family reasons,” said MTN group President Sifiso Dabengwa.
He will leave after just a year in the position. He replaced Zunaid Bulbulia, who also had a short tenure in the hot seat at the South African operation. Bulbulia is now group chief operating officer.
However, CWU president Clyde Mervin rejected “personal reasons” as being behind the resignation, and accused MTN of spinning propaganda. “We know very well that he is resigning because of the strike. MTN can say what they want, but he couldn’t bring an end to the strike and that’s why he is going.”
MTN said yesterday a successor to Farroukh would be announced as soon as the new appointment is finalised.
Meanwhile, the ongoing CWU strike – over salary hikes and bonus pay-outs – has seen union members protest outside the cellular giant’s various facilities around the country.
Both parties suggested last week that an agreement was close to being concluded.