StockMarketWire.com - Oil producer Tullow Oil said it had appointed Phuthuma Nhleko as its incoming chairman.

Nhleko had become a non-executive director on Monday and would takeover from Dorothy Thompson 'following a suitable handover period' and after Thompson steps down by year end.

Nhleko was chief executive of pan-African telecommunications company MTN from 2002 to 2011 and later served as its chairman until 2019.

He also had been a non-executive director at BP and Anglo-American. Story provided by StockMarketWire.com