MTN Group has announced a restructuring of its executive leadership team, aimed at strengthening the execution of its Ambition 2025 strategy and positioning the company for long-term growth across its key markets.
Central to this development is the expanded role of Dr. Karl Toriola, Chief Executive Officer of MTN Nigeria, who will now also serve as Vice President for Francophone Africa, effective 1 November 2025.
This dual responsibility places Karl at the forefront of MTN’s strategic push to deepen market share and accelerate digital inclusion in Cameroon, Côte d’Ivoire, Benin, and Congo Brazzaville, while continuing to lead the Nigeria’s telecommunications operator.
Karl’s appointment is a clear signal of MTN Group’s confidence in Nigerian leadership and talent, and a recognition of the pivotal role Nigeria plays in the Group’s Overall success.
Under his leadership, MTN Nigeria has consistently delivered strong financial performance, operational excellence, and innovation, culminating in its recent milestone as the first telecommunications company to reach 10 trillion in market capitalisation.
His expanded role reflects not only his deep understanding of the region, having previously served as Vice President for West and Central Africa from 2015 to 2021, but also his ability to drive growth and transformation across diverse markets.
“These leadership changes illustrate the depth of talent and experience we have across the Group,” said MTN Group President and CEO, Ralph Mupita. (Tribune)
By Bode Adewumi