Vodacom South Africa MD to step down

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Vodacom South Africa MD to step down
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Vodacom South Africa MD Balesh Sharma is leaving the mobile operator after less than two years in the role to pursue a new opportunity in Europe.

MD Balesh Sharma is leaving the mobile operator after less than two years in the role. He has decided to pursue a new opportunity in Europe after two decades with Vodafone Group, Vodacom Group’s parent company.

Sharma joined Vodafone Group in India in March 2003 where he held various senior leadership roles before moving to international assignments as CEO of Vodafone Malta and then CEO of Vodafone Czech Republic. “He later returned to India to help the company fight one of the industry’s most competitive environments. In his capacity as the founding CEO of Vodafone Idea, Balesh managed the integration of Vodafone and Idea, delivering substantial synergies within the first year post-merger, and successfully completing a rights issue of US$3.5-billion for the merged entity,” Vodacom said in the statement.

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