HomeServicesMTN Group Selects Karl Toriola as New CEO for MTN Nigeria

MTN Group Selects Karl Toriola as New CEO for MTN Nigeria

Jumia Black Friday Deals

MTN Group has appointed the current VP for MTN Group’s West Africa and Central Africa region, Karl Toriola, to be the new Chief Executive Officer of MTN Nigeria.

According to the company, he will assume MTN Nigeria’s CEO’s position starting March 1, 2021.

Karl is to take over the post from Ferdi Moolman, who has served MTN Nigeria with distinction for the past five years. The company plans to transfer Moolman to its base of operations in South Africa, assuming the role of Group Chief Risk Officer.

Toriola, who has a BSc Hons in Electrical and Electronics Engineering and MSc in Communications systems, has overseen the steady growth of the operating companies in the West African and Central African region he coordinates.

Under his administration, there was a notable change in MTN’s operations in Cameroon and Ivory Coast over the past two years.

The West African markets have also recorded significant successes like an increase in market shares and the development of mobile-based financial services.

Since Toriola joined the MTN Group, he has held and served in several top positions such as CEO of MTN Cameroon and chief technical officer of MTN Nigeria.

Besides, he is also a recognized board member of many firms within the MTN Group.

“Karl brings with him extensive technical and commercial experience, as well as an in-depth understanding of the Nigerian market. These virtues make him a perfect fit for the role,” says Ralph Mupita, CEO and MTN Group president.

Latest articles

Afrilearn Launches World’s First Learn-and-Earn App

Afrilearn, Nigeria's favourite learning app, has set the educational landscape excited with the launch...

Jeep Wagoneer S: First Global Battery Electric Vehicle (BEV) from Jeep

Jeep has provided more information about its all new, all electric 2024 Wagoneer S....

Insoft unveils Assabil and weSign for Sales Force Automation and Streamlining Digital Workflow

At the GITEX Africa 2024 technology event Groupement Insoft-Saphir Systems, a leading provider of...

Top 10 Highest-Paying Careers Without a College Degree

A college degree is often touted as the key to success, but it's refreshing...

Top 20 Countries with the Least Expensive Freelancers

A study, conducted by invoicing software company Bookipi has unveiled the countries with the...

Will ChatGPT Take My Job? Expert Reveals The Five Professions At Risk

The more capable AI becomes, the more you might begin to worry about a...

Best Valentine’s Day Gifts Ideas

Looking for a great Valentine's Day gift for your loved one? You are in...

More like this

Best Valentine’s Day Gifts Ideas

Looking for a great Valentine's Day gift for your loved one? You are in...

NIS to Launch Automation of Passport Application on January 8

The difficulties Nigerians face when applying for international passport might be coming to an...

Big Brother Naija Season 8 starts July 23 with MoniePoint as Headline Sponsor

Multichoice has started teasing the return of its most popular reality TV show, the...