EOH appoints Stephen van Coller, director of MTN



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 After resigning from EOH, Stephen van Coller was appointed CEO of EOH

. After his resignation from EOH, Stephen van Coller was appointed CEO of EOH.

E OH hacked the vice president of digital services, data badysis and business development of MTN, Stephen van Coller, and appointed him new CEO.

MTN issued a statement this morning The company took office on August 31, 2018. She stated that Van Coller had resigned to "hold the position of group CEO in another company listed on JSE".

However, EOH also issued its own statement confirming the appointment. IT services company announces that Van Coller will join the group effective September 1, 2018.

EOH announces that Van Coller's appointment follows the June 27, 2018 announcement, in which EOH Holdings announces that It is pursuing its new strategy, focusing on the reconfiguration of the group into two distinct and independent activities, each with its own CEO, unique brand and identity, business model, growth and marketing strategies, as well as know EOH and NEXTEC.

of the two independent companies, EOH and NEXTEC mean that the company structure of EOH Holdings will be responsible for business financing, business strategy, group reports, relationships with investors, risks and compliance. EOH Holdings will drive growth in the areas of innovation, intellectual property, international business and emerging technologies.

Last month, a major restructuring exercise at EOH saw CEO Zunaid Maye. t, give up his role. The company listed on JSE stated that it was reconfiguring the group into two separate and independent companies, each with its own CEO, unique brand and identity, business model, growth and marketing strategies.

a mbadive decline recently. In the six months to January 31, EOH said its results had been affected by political uncertainty.

A difficult macroeconomic environment saw EOH profits drop 23% to 458.4 million rand for the six-month period, while profits before interest, taxes, depreciation and amortization fell by nearly 8%. %, to R1 billion. Operating income from continuing operations was 784 million rand, down 6% from the previous year.

EOH states that Van Coller is a well-known and respected senior executive, having recently held the positions of VP: Strategy and M & A and Vice President: Digital Services, Data Analysis and Business Development at MTN.

He adds that Van Coller is an accountant by training, and prior to his position at MTN, he was with Barclays Africa Group Limited for more than 10 years where he was CEO (CIB Africa) for seven years. Prior to that, he spent nearly a decade at the head of the World Bank in South Africa at Deutsche Bank.

"The Board of Directors of EOH Holdings is delighted to confirm the appointment of a Stephen CEO." His experience, experience in the African market and his technology space combined with his excellent financial sense position him ideally to lead EOH Holdings in its next chapter

"This adding to the appointments of Zunaid Mayet as CEO of NEXTEC and Rob Godlonton as CEO of the EOH brand, sees the leadership of the structured group so optimal and lays the foundation for its next phase of growth. The Board of Directors wishes Stephen to fulfill his new role at EOH Holdings. "

MTN states that Van Coller joined MTN on October 1, 2016 and played a key role in the design of the new BRIGHT strategy, and notes that under the leadership of Van Coller, the mobile financial services client base has more than doubled to 25 million and significant progress has been made in the group to build data and rich media badysis services for music, video and games, Rob Shuter, president and CEO of MTN, said: "On behalf of the MTN Group Limited Board of Directors and the Group Executive Committee, I wish Stephen every success as he embarks on an exciting new chapter in his career." 19659004] Successor from Van Paste to MTN will be announced in due course.

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