UPDATE 2-South Africa’s MTN names Vodafone Europe head as new CEO:
JOHANNESBURG, June 20 South African mobile phone operator MTN Group named the head of Vodafone Europe as its new CEO on Monday, bringing in an outsider with a risk management background less than two weeks after it agreed to a $ 1.7 billion fine to settle a dispute in Nigeria. Rob Shuter, a South African national with a background in accounting, replaces Sifiso Dabengwa, who resigned last November after Nigeria imposed the fine, the latest in a series of disputes exposing governance issues at Africa's biggest mobile phone operator.
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