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HomeAfricaMTC Renews Licky Erastus’ Contract, Strengthening Leadership for Future Success!

MTC Renews Licky Erastus’ Contract, Strengthening Leadership for Future Success!

MTC Namibia Reappoints Dr. Licky Erastus: A Vision for the Digital Age

In a move that underscores its commitment to innovation and growth, the Board of MTC Namibia has officially renewed Dr. Licky Erastus’ contract as Managing Director for an additional five years. This extension is set to run from December 1, 2024, through November 30, 2029, and serves as a testament to Erastus’ outstanding leadership and the remarkable progress MTC has achieved under his guidance.

The board expressed their unwavering confidence in Dr. Erastus by stating, “This decision was taken on the basis of MTC’s overall exceptional performance under his leadership, and the renewal demonstrates the Board’s confidence in Dr. Erastus’ ability to lead MTC into the digital age.” This highlights not just a commitment to continuity but an ambition to elevate MTC further in the competitive telecom landscape.

Dr. Erastus has been instrumental in steering MTC towards significant milestones, one of the most notable being its historic listing on the Namibian Stock Exchange (NSX). This not only marked MTC as the first state-owned enterprise in Namibia to transition to a publicly listed company but also represented a significant leap towards enhancing shareholder value. The board praised Dr. Erastus for maintaining MTC’s reputation as Namibia’s most innovative and admired brand, emphasizing his successful navigation through complex market challenges.

Having joined MTC in various leadership roles since 2011, including Chief Technical Officer, Dr. Erastus ascended to the Chief Executive Officer position on December 1, 2019, before being officially appointed Managing Director on March 8, 2021. His extensive experience and forward-thinking approach continue to shape the company’s strategies in the rapidly evolving digital ecosystem.

As Namibia’s telecommunications sector grows, Dr. Erastus’ vision will be vital in maintaining MTC’s status as a leader in innovation and customer service. His renewed leadership period promises exciting developments on the horizon as MTC ventures further into the digital age.

This strategic decision by MTC’s board highlights the importance of strong leadership in driving growth and innovation within the telecom sector in Africa—a key area for economic development.

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#Namibia #BusinessNews #Telecom #Innovation #DigitalTransformation