MTN Nigeria Appoints New Vice President for Francophone Africa
MTN Nigeria Communications PLC has announced the appointment of Dr. Karl Toriola as the new Vice President of Francophone Africa for MTN Group Limited. Toriola, who currently serves as the Managing Director and Chief Executive Officer of MTN Nigeria, will oversee the company’s operations in Cameroon, Côte d’Ivoire, Benin, and Congo Brazzaville in his new role.
According to a filing on the Nigerian Exchange Limited (NGX), Dr. Toriola’s extensive experience in the telecommunications industry makes him well-suited for this position. He previously served as Vice President for West and Central Africa at MTN Group Limited, giving him a deep understanding of the region’s market dynamics.
In a related development, MTN Nigeria also announced that Ferdinand Moolman, a Non-Executive Director, will be exiting the Board of the Company effective October 31, 2025. Moolman has been appointed as the CEO of MTN South Africa, effective November 1, 2025. The Board of Directors of MTN Nigeria expressed its appreciation for Moolman’s service to the company and wished him 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,” the company stated in a statement signed by the Company Secretary, Uto Ukpanah.
Dr. Toriola’s appointment as Vice President of Francophone Africa is expected to strengthen MTN’s presence in the region, where the company has been expanding its operations in recent years. With his experience and expertise, Toriola is well-positioned to drive growth and innovation in the region, further solidifying MTN’s position as a leading telecommunications company in Africa.
The appointment of Dr. Toriola and the transition of Ferdinand Moolman reflect MTN’s commitment to leadership development and succession planning. The company’s continued investment in its people and operations is expected to drive long-term growth and sustainability, benefiting both the business and its stakeholders.
