Nyati replaces Ahmad Farroukh who left the company earlier this month citing “personal and family reasons” and has since joined Saudi Arabia’s Mobily as CEO.
Prior to joining MTN in October last year as group chief enterprise officer, Nyati was Microsoft’s managing director for South Africa, and general manager of its operations in the Middle East and Africa.
Nyati takes on the leading role at MTN South Africa nearly two months in to a strike by more than 2,000 of its workers in the country.
“The appointment of a leader of Nyati’s calibre and competencies will greatly enhance our efforts to strengthen the confidence of our customers and reinvigorate our people,” said Sifiso Dabengwa, CEO at MTN Group in a statement.
In March this year, MTN told local reporters of plans to invest approximately $2.5 billion in growing its infrastructure in the 23 countries where it is operational.
