Altron has announced the appointment of former MTN South Africa CEO Mteto Nyati as its new Group Chief Executive. Nyati will assume responsibility as Altron Chief Executive no later than 1 July 2017, with current Chief Executive Robbie Venter stepping down as in due course.
Venter will remain on the Altron Board as a Non-Executive Director to “continue to provide his wealth of knowledge and experience to the Group”, the JSE listed company said in a statement.
“The Altron Board embarked on a global search for a suitable candidate with the necessary global leadership experience and business orientation with a solid track record in the ICT sector. Mteto has in-depth blue chip technology experience having been at IBM for twelve years and six years at Microsoft prior to joining MTN in October 2014. He has extensive experience in both the business-to-business and business-to-consumer markets. We are extremely pleased to have him on board and are confident that he, the board and Robbie will work well together during the handover phase,” says Mike Leeming, Chairman of the Altron Board.
Nyati joined MTN as Group Chief Enterprise Officer in October 2014, after working at Microsoft South Africa since 2008. At Microsoft, Nyati served as Managing Director for the South African operations, and also had a short stint as the group’s General Manager for the MEA Emerging Regions. Prior to that, he was the Director of IBM Global Technology Services at IBM South Africa. Nyati holds a BSc in Mechanical Engineering from the University of KwaZulu-Natal. He also studied at Yale University. In 2004, he was named a Yale University World Fellow.
“To be appointed to the helm of an organisation that has been in business for 51 years is both an honour and a challenge. It is an honour in that Altron has a strong legacy of leadership and innovation in the markets in which it plays. It is a challenge as the information technology and telecommunications sectors are fast evolving and in order to stay ahead of the curve, organisations like Altron continually have to re-invent themselves in order to stay relevant and competitive in the changing business landscape. I look forward to working with Robbie during the transition period and engaging with the Altron Board and all employees of Altron as we take the Group into the next phase of its growth,” Nyati says.
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