TANZANIA- Vodacom Tanzania Plc has announced the appointment of Sitholizwe Mdlalose as the new Managing Director replacing Hisham Hendi who is stepping down after three years at the helm.
Sitholizwe joins the company from Vodacom South Africa (VSA) where he was the Finance Director since 2017.
Prior to joining Vodacom Group, he worked with Vodafone Group for more than 6 years holding senior roles within the Group.
The incoming managing director has more than 19 years of finance, management, and consulting experience, of which 13 have been in telecommunications across both emerging and developed markets.
He holds a Bachelor of Accounting Science (BCompt) degree from the University of South Africa. Sitholizwe is a qualified accountant (ACCA) and has completed a Senior Executive Programme Africa at Harvard Business School.
Sitholizwe is an established business leader with a strong personal presence and the ability to lead global organizations. He brings a wealth of experience and knowledge to this important role and has an exceptional track record of growing businesses and delivering strategic transformation.
His appointment reflects the ambition of the Board of Vodacom Tanzania to grow our position in this important sector and to continue to deliver on Vodacom’s purpose of connecting for a better future.
He takes over from Hisham Hendi who is stepping down to take on a new assignment as the commercial lead at Vodafone Spain.
Hendi, who is set to become Vodafone’s head of business in Spain, has been a key driver in securing investments to reach millions of Tanzanians who were previously unavailable with telephone services (not connected).
Among the achievements of Hendi during his tenure was the company being named among the 100 best companies in Africa based on market capitalization by 2020, he achieved making the company be on the list of Dar es Salaam Stock Exchange (DSE).
“Hisham has also been a driving force in successful investment in universal access for millions of Tanzanians, who had previously been unconnected,” said the Chairman of the Board of Vodacom Tanzania Plc, Judge Thomas Mihayo.