Telkom has announced that Serame Taukobong, the company's current CEO of the Telkom Consumer Business and a group executive committee member, has been appointed as its new group CEO, effective 1 October. Taukobong will take up the position on 1 July 2022.
"Taukobong joined Telkom on 1 June 2018 and has extensive experience in telecommunications having spent approximately 10 years at MTN where he held several senior roles which included chief operating officer and later CEO of MTN Ghana. As CEO of the Telkom Consumer Business, the mobile business customer base grew three-fold to 15 million and its revenue almost doubled to R20bn within a three-year period. Under his leadership, Telkom Mobile has become the third-largest mobile business in South Africa," Telkom said in a statement.
This appointment comes after Telkom CEO Sipho Maseko announced that he will stepping down on 30 June 2022.
“Having worked under Maseko’s leadership for three years, I know I will be taking over a solid business with a capable and committed team.
The team and I are conscious of the challenges that lie ahead and are committed to attracting and retaining the best people, winning in the market place and delivering value for shareholders,” Taukobong said in a statement.