Mteto Nyati, a respected ICT executive and business leader, has been appointed as the new chief executive of Altron.
Nyati was previously the CEO for MTN South Africa, having taken up the role in October 2014 after working at Microsoft South Africa since 2008. At Microsoft, he served as managing director for the South African operations, and also had a short stint as the group’s general manager for the MEA emerging regions. Prior to that he was the director of IBM Global Technology Services at IBM South Africa. Nyati holds a BSc in Mechanical Engineering from the University of KwaZulu-Natal. He also studied at Yale University, where in 2004, he was named a World Fellow.
Nyati will assume responsibility as Altron chief executive no later than 1 July 2017, and Altron said in a statement that Robbie Venter will step down from the position in due course, and will remain on the Altron board as a non-executive director.
Mike Leeming, chairman of the Altron board, explained that the appointment of Nyati followed a rigorous recruitment process. “The Altron board embarked on a global search for a suitable candidate with the necessary global leadership experience and business orientation with a solid track record in the ICT sector. Mteto has in-depth blue chip technology experience having been at IBM for twelve years and six years at Microsoft prior to joining MTN in October 2014. He has extensive experience in both the business-to-business and business-to-consumer markets. We are extremely pleased to have him on board and are confident that he, the board and Robbie will work well together during the handover phase,” said Leeming.
According to Robbie Venter, he and the Venter family remain fully committed to the Altron Group. “The Altron Group has been my life and it has been a privilege to be at the helm of an organisation of such stature and to lead employees of the calibre that we find throughout the Altron Group. While we have gone through highs and troughs during my tenure, I have always been moved by the professionalism of all employees of the Group as they have positively embraced the various changes we have implemented for the good of the organisation as a whole. The Venter family will continue to be involved in the Group, both as shareholders and their representation on the board as non-executive directors,” said Venter.
Nyati said he is honoured and pleased by the opportunity to lead the company.
“To be appointed to the helm of an organisation that has been in business for 51 years is both an honour and a challenge. It is an honour in that Altron has a strong legacy of leadership and innovation in the markets in which it plays. It is a challenge as the information technology and telecommunications sectors are fast evolving and in order to stay ahead of the curve, organisations like Altron continually have to reinvent themselves in order to stay relevant and competitive in the changing business landscape. I look forward to working with Robbie during the transition period and engaging with the Altron board and all employees of Altron as we take the Group into the next phase of its growth,” Nyati said.
For more information contact Chris van Zyl, Altron, +27 (0)11 205 7969, cvanzyl@altech.co.za, www.altron.com
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