MTN Group Appointments
MTN Group Announces New Digital & FinTech CFO
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MTN Nigeria Appoints New CEO
MTN Group has appointed Karl Toriola, current VP for MTN Group’s West and Central Africa (WECA) region, as the new CEO of MTN Nigeria – effective 1 March 2021. Toriola will take over as MTN Nigeria CEO from Ferdi Moolman, who has served MTN Nigeria with distinction in this role for the past five years. Moolman will return to South Africa, where he will assume the new role of Group Chief Risk Officer. Toriola has a BSc Hons in Electronic and Electrical Engineering and an MSc in Communication Systems. In his five years as VP of MTN’s WECA region, he has overseen the steady progress of the operating companies in the region, notably the turnaround of MTN Ivory Coast and MTN Cameroon over the past two years. In addition, the WECA markets have made significant commercial and strategic strides, i...
MTN Group Appoints Acting CFO
MTN has appointed Sugentharan Perumal as acting Group Chief Financial Officer (CFO) – this comes as the telco’s former CFO, Ralph Mupita, takes up his new position as Group CEO. A chartered accountant for over 15 years, Perumal has extensive financial and accounting experience. He has served as an external auditor of MTN Group and held various key executive and board positions within the group. He is currently acting CFO of MTN South Africa and previously held the CFO position at MTN Irancell. “The board is confident in the wide-ranging experience and knowledge of MTN that Sugen brings to the role,” says Mupita. MTN also announced the appointment of Dineo Molefe as the CFO of MTN South Africa, effective 1 December 2020 – she will replace Perumal. Molefe is a chartered accountant and j...
