MTN Nigeria Communications PLC has notified the Nigerian Exchange Limited (NGX) and the investing public that Dr Karl Toriola, Managing Director/Chief Executive Officer of MTN Nigeria, will take on the additional role of Vice President (VP) of Francophone Africa for MTN Group Limited.
According to the notice on the Exchange, the group said the additional jurisdiction encompasses Cameroon, Côte d’Ivoire, Benin and Congo Brazzaville.
“Dr Toriola has extensive prior experience in the role, having served as VP for West and Central Africa at MTN Group Limited,” the notice said.
“Mr. Ferdinand Moolman, Non-Executive Director, will exit the Board of the Company, effective 31 October 2025. Mr. Moolman has been appointed CEO of MTN South Africa effective 1 November 2025.
“The Board wishes to express its appreciation to Mr. Moolman for his immense service to MTN Nigeria and success in his new role
“The Board of Directors of MTN Nigeria remains committed to sustaining the Company’s growth trajectory and delivering long-term value to all stakeholders.”