Pieters a casualty of MTC Group integration
African operator stripped of CEO
Marten Pieters, CEO of Celtel International and the man who played a central role in MTC Group’s acquisition of the African operator in 2005, has announced his departure from the operator as of January 2007. Moez Daya, currently Celtel’s chief technical officer, will replace Pieters and will assume the role of chief operating officer of Celtel International as of January 1, 2007 until a permanent COO is appointed.
Pieters’ departure comes as Celtel is integrated into the wider MTC family of operations, which has resulted in the termination of the position of Celtel International CEO. Instead, MTC’s African and Middle East operations will each have a chief operating officer reporting to the CEO of MTC Group, Saad Al Barrak.
Speaking to CommsMEA earlier in the year, Pieters had stressed the importance of Celtel remaining an independent entity to MTC, while still being a part of the wider Group. “MTC of course has access to a lot more capital than Celtel had in the past, but also more than Celtel would have done today if it was still independent because there is hesitation from the financial world to invest directly into Africa,” Pieters commented. “The flip side is that if you want to work in Africa, it is a challenging place. You need experience; you need people that are not afraid of the types of things that are taking place on the African continent, which means that Celtel with its track record of having worked in 14 countries in Africa is a very good candidate.”
Celtel has established itself to become one of the leading operators on the African continent.