MTN Rwanda Announces Appointment Of New CFO

MTN Rwanda Announces Appointment Of New CFO

MTN Rwanda has appointed Mark Nkurunziza as its new Chief Financial Officer, effective June 1st, 2019. He replaces Mrs. Lily Zondo, who served as CFO from 2016.

Mark joins MTN with over 20 years of extensive leadership experience in the financial services sector specifically in Financial Management and Risk Management.

Prior to joining MTN Rwanda, he was the Chief Financial Officer for 6 years at the Rwanda Development Board and had a stint in the aviation industry when he served at the National Airline, RwandAir, as a Finance Manager from 1998 to 2004. Not new to the company, he had also worked at MTN as a Senior Financial Manager between 2004 and 2012.

Speaking about the appointment, MTN’s CEO, Bart Hofker, said, “Under Mark Nkurunziza’s executive leadership as Chief Financial Officer, we are embarking upon a very exciting phase of our journey of growth and development. We are happy to welcome him, and I am confident that he will bring immense value to the MTN Rwanda team.”

Mark is a Chartered Accountant (CPA Rwanda) and is a member of the Association of Chartered Certified Accountants (ACCA). He also holds an MBA in Finance earned from the Maastricht School of Management and has a Bachelor of Commerce from Kigali Institute of Science and Technology (KIST).

“I am pleased to be rejoining an iconic company such as MTN Rwanda and I look forward to my new role in supporting the delivery of the bright strategy,” he said.

Lily Zondo has been integrally involved in accelerating service revenue growth driven by the implementation of MTN’s BRIGHT operational strategy.

“Our financial position continues to be strong and we appreciate Lily Zondo’s years of service to the company,” said Mr Hofker.