First National Bank’s tech-savvy CEO, Michael Jordaan, has been appointed chairman of the board of mobile messaging company Mxit.
The appointment is effective immediately and, although Jordaan won’t be getting paid in the position and won’t be taking a stake in the company at first, he has the option to do so at a later date.
Jordaan announced in May that he would leave FNB at the end of the year, with his colleague Jacques Celliers taking the reins.
Jordaan is replacing Roger Grobler as Mxit chair. Grobler heads Mxit India and took on the role of chairman after the leadership changes last October when then-CEO Alan Knott-Craig quit after reportedly clashing with shareholders over strategy.
Last month, Mxit appointed acting acting CEO Francois Swart as the company’s permanent CEO. Swart took on the role in the wake of Knott-Craig’s departure in October.
Jordaan on Monday morning took to Twitter and said cryptically:
“Great speaking to Mxit staff as their new chairman, using quotes from Game of Thrones and analogies from Breaking Bad.”
Source: TechCentral
