After his re-election in February this year, chairman and director of Telkom Lazarus Zim will be stepping down at the end of the company’s annual general meeting in October. When he was reappointed in February, Telkom said that his current contract would terminate on 31 August 2013 or at the group’s general meeting later this year.
“The Board thanks him for his valuable contribution to Telkom and wishes him well in the future,” Telkom said in a statement. Zim replaced Jeff Molobela last year, while Molobela stayed on as a Telkom board member.
Zim has had a prolific career in the media and telecommunications. He was CEO of the M-Net Channel, MD of M-Net SuperSport, CEO of MIH South Africa, Managing Director of MTN International and executive director of the MTN Group (MTN).
“Zim is well known in corporate circles having served as CEO of MIH South Africa, MD of SuperSport Channel, is the chairperson of Afripalm Resources and Northam Platinum, and has served as CEO of Anglo American South Africa,” the Mail & Guardian wrote.
When Zim was re-elected in February of this year, the contracts of non-executive directors Reitumetse Huntley and Julia Hope were extended for another two years.
Charlie Fripp – Consumer Tech editor