By Ayomide Otitoju
MTN Nigeria Communications Plc has announced the appointment of Dr. Karl Toriola as Vice President for Francophone Africa at MTN Group Limited.
In a regulatory filing with the Nigerian Exchange Limited (NGX), the company said Toriola will oversee MTN’s operations in Cameroon, Côte d’Ivoire, Benin, and Congo Brazzaville. He previously served as Vice President for West and Central Africa at the Group.
The company also disclosed that Ferdinand Moolman, a Non-Executive Director, will step down from the Board of MTN Nigeria effective October 31, 2025. Moolman has been appointed Chief Executive Officer of MTN South Africa, a position he will assume on November 1, 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 statement signed by Company Secretary Uto Ukpanah read. It added that the Board remains committed to sustaining growth and delivering long-term value to shareholders.
