| Thu 25 Oct 2007, 10:45 | | TKG - Telkom SA Limited - Change in top management |
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TKG
TKG
TKG - Telkom SA Limited - Change in top management structure
Telkom SA Limited
(Registration number 1991/005476/06)
JSE and NYSE Share code TKG ISIN ZAE000044897
("Telkom" or the "company")
Change in top management structure
Shareholders are advised that Telkom`s acting Chief Executive Officer, Mr Reuben
September, announced today a revised top management structure which will take
effect from 1 November 2007.
The revised top management structure shall consist of the following positions:
Chief Executive Officer
Overall responsibility for the day to day management of Telkom;
Chief of Finance
Responsible for financial reporting, treasury, accounting, procurement and
internal audit;
Chief of Operations
Responsible for network infrastructure provisioning, network field operations,
network core operations, retail sales and marketing and information operations;
Chief of Global Operations and Subsidiaries
Responsible for global and local subsidiaries, multinational customers and
wholesale sales and marketing operations;
Chief of Human Resources
Overall responsibility for human resources management, executive compensation
and employee benefits, skills development & talent management, HR strategy and
labour relations;
Chief of Strategy
Responsible for group strategy, corporate business development, marketing
development, corporate communications, investor relations and integration
strategy; and
Chief of Corporate Governance
Responsible for group legal services, regulatory and policy, the Telkom
Foundation and group secretarial.
The above positions will make up the Executive Committee of Telkom and the
following appointments have been made:
Mr Motlatsi Nzeku - Chief of Operations;
Mr Thami Msimango returns to Telkom as Chief of Global Operations and
Subsidiaries;
Ms Charlotte Mokoena - Chief of Human Resources; and
Ms Ouma Rasethaba - Chief of Corporate Governance.
As previously announced, Mr Deon Fredericks will act in the position of Chief of
Finance while Mr Naas Fourie will act in the position of Chief of Strategy.
Mr September noted that the revised management structure is necessary to align
the structure to best match the current business needs of Telkom. The revised
structure will facilitate faster decision-making and more effective execution,
smoother integration of its various operating entities and that multinationals
and wholesale customers are better served through the most appropriate channels.
Pretoria
25 October 2007
Sponsor - UBS
Date: 25/10/2007 10:45:01 Produced by the JSE SENS Department.
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