EOH has appointed Stephen van Coller as CEO.
Van Coller is the former CEO of Absa’s corporate and investment
banking division. MTN headhunted him two years ago as one of four
vice-presidents in a new structure created following the appointment of
Rob Shuter as the cellphone network’s president and group CEO.
EOH said Van Coller’s appointment was part of its strategy to split
the information technology (IT) group into two separate businesses,
called EOH and Nextec.
Zunaid Mayet was the CEO of Nextec, EOH said in Thursday’s statement.
MTN issued a statement on Thursday morning saying Van Coller had
resigned from his position as vice-president of digital services, data
analytics and business development with effect from August 31.
When Van Coller moved to MTN in October 2016, his title was
vice-president of strategy and mergers and acquisitions. At the time,
the recruitment of a senior banking executive was seen as a move by the
cellphone network to become a more aggressive player in the financial
services sector.
"Under Stephen’s leadership the mobile financial services customer
base more than doubled to 25-million and significant progress has been
made across the group in building big data analytics and rich media
services across music, video and gaming," MTN president and group CEO
Rob Shuter said in the statement.
Van Coller’s replacement would be announced in due course, Shuter said.
"The board of directors of EOH is delighted to confirm the
appointment of a CEO of Stephen’s calibre. His business knowledge,
experience, background in the African market and the technology space
coupled with his excellent financial acumen ideally positions him to
lead EOH into its next chapter," EOH said in the statement.
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