Sitho Mdlalose appointed as Vodacom South Africa’s MD
Vodacom Group publicizes the appointment of Sitho Mdlalose as Managing Director of Vodacom South Africa, efficient 01 July 2022. Sitho is at present the Managing Director of Vodacom Tanzania, a place he has held since August 2021.
He returns to Vodacom South Africa to imagine the position held by Balesh Sharma, who leaves the corporate on the finish of June to pursue an exterior profession alternative. Sitho will report on to Vodacom Group CEO Shameel Joosub and can be part of the Vodacom Group govt committee. Sitho’s successor in Tanzania might be introduced in the end.
Sitho is a certified Chartered Accountant (ACCA) and a Harvard Enterprise Faculty Senior Govt Programme graduate. A longtime enterprise chief, Sitho has over 20 years of expertise in finance, consulting and administration, 13 of which have been in telecommunications throughout each rising and developed markets.
Vodacom Group CEO, Shameel Joosub says: “I’m assured that Sitho is the best candidate to steer Vodacom South Africa in a difficult financial local weather that can require proactive improvements to regulate to shifts in buyer behaviour.
His in-depth expertise, monetary and enterprise acumen, robust interpersonal expertise and confirmed monitor file make him an apparent selection for this necessary position. I’d like to supply my private congratulations to Sitho as we have fun yet one more inside promotion, showcasing the robust bench of govt expertise at Vodacom.”
Sitho labored at Vodafone Group for over six years previous to becoming a member of Vodacom Group. Sitho has held numerous management roles together with Chief Finance Officer for Worldwide Enterprise. He was then Interim Group Chief Finance Officer and Finance Director for Vodacom South Africa, earlier than being appointed to MD, Vodacom Tanzania in 2021.
Throughout his quick tenure at Vodacom Tanzania, Sitho demonstrated strong management in driving the supply of Vodacom’s enterprise technique. His charismatic management has been a powerful asset to rally assist amongst key stakeholders surrounding the enterprise, together with policymakers, clients and employees. Sitho has additionally led the Tanzania enterprise via a number of strategic negotiations which have positioned its operations for restoration and future development.
In 2020, Vodacom Group introduced the creation of a standalone South African working firm as a part of a simplification of its construction following the growth of its African portfolio and accelerated development ambitions on the continent, together with monetary and digital companies.