JOHANNESBURG – MTN has announced the resignation of CEO Ahmad Farroukh, the mobile phone service provider said on Monday.

Farroukh, who took up the post last year, will leave the company by the end of the month, MTN Group CEO Sifiso Dabengwa said in a statement circulated to the company’s staff.

“This was a difficult decision to take for Ahmad, but unavoidable due to personal and family reasons,” said Dabengwa. 
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