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Moholi takes over Telkom

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Telkom today announced that Ms Nombulelo Moholi has been appointed Group Chief Executive Officer, with effect from 1 April 2011.

In her current role as Managing Director of Telkom SA, she has been responsible for wholesale and retail commercial operations, consumer products and services, and network operations. Under her leadership, Telkom delivered the communications network for the 2010 World Cup, took new converged products to market and created the platform for data hosting services.

Prior to joining Telkom, she worked for GEC and Siemens (South Africa). Ms Moholi holds a Bachelor of Science degree in Electrical and Electronic Engineering from the University of Cape Town and has attended the Strategic Executive Programme at Stanford Business School and the Strategic Marketing Management Programme at Harvard Business School.

Ms Moholi joined Telkom in 1994 as General Manager of Payphones. Since then she has held several executive leadership positions at Telkom, including Managing Executive: Network Infrastructure Provisioning, Managing Executive of International and Special Markets, and Chief Sales and Marketing Officer.

She left Telkom in 2005 and joined Nedbank, where she served as Group Executive of Strategy, Marketing and Corporate Affairs.

Ms Moholi returned to Telkom in 2009 as Managing Director of the Telkom SA business unit.

Ms Moholi said she was looking forward to leading the Telkom Group at a time when the ICT sector faced a range of challenges and competitive impacts. At the same time, several new commercial opportunities are being created in this dynamic sector, and Telkom is pivotal to many of these developments.

‚Although we are experiencing unprecedented competition on several levels in the ICT sector, I am confident that the Telkom Group has the skills and resources necessary to tackle and resolve these challenges, and to take us proudly into the future,‚ said Ms Moholi, who is affectionately known as Pinky throughout the industry.

Telkom Chairman, Mr Lazarus Zim, welcomed Ms Moholi to the top leadership position in the Telkom Group.

‚In Ms Moholi we have the depth of experience, visionary leadership, strategic expertise and knowledge of technology needed to steer Telkom into the future.

‚We thank Mr Hedberg for acting in the position of Group CEO for the past six months, and for staying on in an advisory capacity until June. This will create a smooth and seamless leadership transition at this critical phase of the Group’s financial reporting cycle. It will also ensure continuity of the momentum for change and the initiatives which Telkom has begun to implement towards achieving greater efficiency and long-term sustainability.‚

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