MTC appoints Dr Licky Erastus as new acting CEO

22 Jun 2019 16:00pm
WINDHOEK, 22 JUN (NAMPA) - Mobile Telecommunications Limited (MTC) has appointed Dr Licky Richard Erastus as its new acting chief executive officer (CEO).
Erastus replaces Thinus Smit who served in the acting role for the past two and a half years, and now taking up the role of chief financial officer.
MTC's Board Chairperson Elvis Nashilongo, in a media statement issued Friday said Smit has taken up more responsibilities with the commencement of the listing process on the Namibia Stock Exchange.
“The board and himself (Smit) mutually agreed to allow him to concentrate on such an important strategic process in addition to his substantive role as MTC's chief financial officer,” he added.
He however did not indicate how long Erastus would serve in the acting position, but said the MTC board would finalise the process of appointing a substantive CEO in due course.
(NAMPA)
ANS/EK/