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MTN Announces New Group Chief Risk Officer and MTN Nigeria CEO

MTN Announces New Group Chief Risk Officer and MTN Nigeria CEO Image Credit: MTN

MTN Group recently announced the appointment of its new Group Chief Risk Officer, and CEO of its major subsidiary MTN Nigeria, both of whom will be in position from 1 March 2021.

Karl Toriola, current vice president for MTN Group’s West and Central Africa (WECA) region, will take over as MTN Nigeria CEO from Ferdi Moolman, who has served at MTN Nigeria for the past five years. Ferdi will return to South Africa, where he will assume the new role of group chief risk officer.

Karl has a BSc Hons in Electronic and Electrical Engineering and a MSc in Communication Systems. Ferdi has a BCom and BCompt. He is a CA(SA). Both will remain members of the group’s EXCO.

 

Ferdi (57) joined MTN in 2002 and has held several senior positions within the group in Nigeria and in Iran. He has spent the past five years as the CEO of MTN Nigeria and, as its CFO prior to that. During that time, significant progress has been made in stabilising the business and setting it on a sustainable growth path.

Ralph Mupita, MTN Group President and CEO 
Karl started his MTN career in his home country at MTN Nigeria 14 years’ ago and has all the attributes necessary to lead this very important business into the future. Ferdi has been an exemplary leader of MTN Nigeria and has put the business on a sound growth platform for the future.

Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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