Former CEO of FNB Michael Jordaan has been appointed as the chairman of popular chatting application and website Mxit. According to the company, Jordaan will not be receiving a monthly remuneration just yet, but will be issued shares in the company instead.
“I have been watching Mxit with interest for several years now. It is difficult not to have a sense of pride about a homegrown South African company making such an impact in the social media and mobile space. It was an easy decision to join as chairman and I am looking forward to playing a part in the future of Mxit, both in South Africa and internationally,” Jordaan said in a statement.
Jordaan had been instrumental in implementing innovative changes at FNB, and he added that he has already met with Mxit’s development team to further the product.
“Mxit is a really cool company and has built some world-first innovations over the last eight years. I have spent some time with their development and design team and they have shown me some of the projects they are working on, especially in the smartphone space. I look forward to the announcements that are planned over the next few months.”
Jordaan will be filling the position left by Roger Grobler, as he moves to head Mxit India. Grobler replaced Alan Knott-Craig, when Knott-Craig left Mxit in October last year.
Charlie Fripp – Consumer Tech editor