Saki Macozoma will be taking over from Jabu Moleketi, who will be retiring from 21 July.
The Vodacom Group has announced the appointment of current lead independent non-executive director Saki Macozoma to the role of chairman of the company with effect from 22 July.
Saki will be taking over from Jabu Moleketi, who will retire and step down from the board on 21 July.
In a statement, the company thanked Jabu for his leadership and valuable contribution to both the board and the group over the past 11 years and wished him “much success” with his future endeavours.
Saki was first appointed to the Vodacom Group board in July 2017. He currently serves as the chairman of the nomination committee and will step down from the audit, risk and compliance committee upon commencing his new role.
Saki also serves as the chairman of Safika Holdings and Tshipi é Ntle and Ntsimbintle Mining, as well as a director at Volkswagen South Africa.
He is a former chairman of Liberty Life Holdings, chairman of the MTN Group, Parliamentary Portfolio Committee for Communications, Presidents Big Business Working Group, Business Leadership South Africa, Business Trust, SA Tourism, council of Wits University and council on Higher Education, respectively. He has also served as the president of Business Leadership South Africa and deputy chairman of the Standard Bank Group.
Taking over from Saki as lead independent non-executive director is David Brown, and taking his place in the audit, risk and compliance committee is Clive Thomson.