Lunga Siyo named new CEO of Telkom Consumer

Telkom has announced Lunga Siyo as the new CEO of Telkom Consumer, effective 1 October 2021. Siyo is set to take over from Serame Taukobong, who will be assuming the position of group CEO designate.
Lunga Siyo | image supplied
Lunga Siyo | image supplied

Taukobong was appointed CEO designate earlier in August to replace current Telkom CEO Sipho Maseko, who announced that he will be stepping down next year in June.

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Making the announcement, Maseko said: “As CEO of Telkom small and medium business, he supported the transition of Yellow Pages from a print to a digital business.”

“Siyo joined Telkom just over three years ago. Using his experience in the mobile and financial services sector, he led the introduction of Telkom’s value propositions in fintech, e-commerce and mobile payments,” Telkom said in a statement.

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“Siyo's experience in mobile and financial services make him ideally placed to lead Telkom Consumer as it builds on its data-led strategy to unlock revenue streams of the future,” Maseko concluded.

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