NewsStocksVodacom Appoints Khumo Shuenyane as Chair, Adds Former Airtel Africa CEO Segun Ogunsanya to Board

Vodacom Appoints Khumo Shuenyane as Chair, Adds Former Airtel Africa CEO Segun Ogunsanya to Board

Author: TechNext24·

Key Takeaways

  • Khumo Shuenyane will succeed Saki Macozoma as Vodacom's board chair on 21 July 2027, when Macozoma retires after ten years on the board.
  • Macozoma's departure represents the first application of Vodacom's self-imposed ten-year tenure limit for board members.
  • Segun Ogunsanya, the former CEO of Airtel Africa—one of Vodacom's main competitors—has been named an independent non-executive director effective 9 October 2026.
  • Phuthi Mahanyele-Dabengwa, CEO of Naspers South Africa, will leave the Vodacom board on 8 October 2026.
  • A recent Kenyan court ruling approved Vodacom's $1.6 billion acquisition of an additional stake in Safaricom, the operator of Africa's largest mobile money platform, M-Pesa.
Vodacom Appoints Khumo Shuenyane as Chair, Adds Former Airtel Africa CEO Segun Ogunsanya to Board

Vodacom Group, one of Africa's largest telecommunications operators, has appointed Khumo Shuenyane as its next board chair, effective 21 July 2027. Shuenyane, who currently serves as the company's lead independent director, will succeed Saki Macozoma, who is set to retire after a decade on the board.

The South African mobile operator, listed on the Johannesburg Stock Exchange, announced the leadership transition on Wednesday, noting that it follows Vodacom's self-imposed ten-year tenure limit for board members—a governance policy that will take effect with Macozoma's departure.

Vodacom, majority-owned by UK-based Vodafone Group, operates mobile networks serving customers across multiple African markets, including South Africa, Tanzania, the Democratic Republic of Congo, and Egypt.

Board reshuffle extends beyond the chair role

The leadership changes extend well beyond the chairmanship. Segun Ogunsanya, the former CEO of Airtel Africa, has been appointed as an independent non-executive director on the Vodacom board, effective 9 October 2026. Airtel Africa, a subsidiary of India's Bharti Airtel, is one of Vodacom's primary competitors in African telecommunications and mobile money services. Ogunsanya led the company before departing from the role.

Ogunsanya brings direct operational experience from across the competitive landscape Vodacom navigates. Airtel Africa operates in 14 countries, and its Airtel Money platform competes with M-Pesa—the mobile money service operated by Safaricom in Kenya and by Vodacom subsidiaries in several other African markets—in multiple high-growth economies where both groups are active.

Concurrently, Phuthi Mahanyele-Dabengwa, CEO of Naspers South Africa, will step down from the Vodacom board on 8 October 2026. Naspers is one of South Africa's largest technology and internet conglomerates.

The company did not disclose additional details regarding the search process behind Shuenyane's appointment or Ogunsanya's recruitment, nor has it commented on how the incoming board members' backgrounds might shape the company's strategic direction.

Broader sector context

The board changes come as African telecommunications operators continue to reshuffle senior leadership across the sector, with executives increasingly transitioning between telecom, fintech, and mobile-money businesses. Ogunsanya's move from the top position at a rival operator to a seat on the Vodacom board is one example of this cross-industry trend.

The leadership transition also follows a recent Kenyan court ruling that cleared Vodacom's $1.6 billion acquisition of an additional stake in Safaricom, East Africa's largest telecommunications provider. Safaricom operates M-Pesa, Africa's largest mobile money platform by transaction volume and customer base, and the additional stake deepens Vodacom's role in a business that is central to its financial services footprint across the continent.

Vodacom has not indicated whether Ogunsanya's appointment carries any strategic significance beyond his individual expertise and experience.