By MTN Nigeria Communications PLC has announced the appointment of Dr. Karl Toriola as the new Vice President (VP) for Francophone Africa at MTN Group Limited.
Currently serving as the Managing Director and CEO of MTN Nigeria, Dr. Toriola’s new role will cover operations in Cameroon, Côte d’Ivoire, Benin, and Congo Brazzaville, according to a filing with the Nigerian Exchange Limited (NGX).
Dr. Toriola brings extensive experience to the position, having previously served as VP for West and Central Africa at MTN Group Limited.
In a related development, Ferdinand Moolman, a Non-Executive Director at MTN Nigeria, will step down from the Board effective 31 October 2025. He has been appointed CEO of MTN South Africa, starting 1 November 2025.
In a statement signed by Company Secretary Uto Ukpanah, MTN Nigeria expressed gratitude for Moolman’s contributions and reiterated its commitment to sustaining growth and delivering long-term value to stakeholders.
“The Board wishes to express its appreciation to Mr. Moolman for his immense service to MTN Nigeria and success in his new role,” the statement read.
