MTN Group appoints Sugentharan Perumal as acting group CFO


Sugen will be taking over from Ralph Mupita, who has stepped into the role of MTN group CEO.

MTN Group has appointed Sugentharan (Sugen) Perumal as its acting group CFO following the appointment of former group CFO Ralph Mupita as group CEO and president. 

Read more: Ralph Mupita plans to drive growth as new MTN group CEO 

Sugen has extensive financial and accounting experience. He has served as an external auditor of MTN Group and held various key executive and board positions within the group. He is currently acting CFO of MTN South Africa and previously held the CFO position at MTN Irancell

About the appointment, now group CEO Ralph Mupita said: 

“The board is confident in the wide-ranging experience and knowledge of MTN that Sugen brings to the role.” 

Ralph and Sugen have been working closely together within MTN’s finance departments. Sugen even received Ralph’s Awards on his behalf at the 2019 CFO Awards, as Ralph was unable to attend. 

Read more: MTN CFO Ralph Mupita named CFO of the year 2019 

The MTN Group has also appointed former T-Systems MD Dineo Molefe as the CFO of MTN South Africa. 

Read more: Dineo Molefe appointed as MTN South Africa new CFO

Related articles

CFO Brad Wentzel has found a new SPARK

In May, Brad Wentzel became the new CFO of SPARK Schools, a network of private schools offering affordable, globally competitive education.

Yusuf Bodiat steps down as FEM CFO

FEM CFO Yusuf Bodiat has resigned and will step down later this year, when he takes up a new opportunity at another insurer.