MTN Nigeria Communications Plc has appointed 5 new directors to its board as a part of efforts to strengthen its operations and assist the corporate’s progress and strategic route.
The appointees embrace former Etisalat Nigeria executives, Ibrahim Dikko and Boye Olusanya, who have been appointed as unbiased non-executive directors to the board of the telecommunication firm.
The telco big additionally appointed company governance knowledgeable Fabian Ajogwu, Imoni Akpofure and Lwazi Bam as non-executive directors.
The appointments, which take impact from 1 December have been disclosed in a regulatory submitting signed by the corporate’s secretary, Uto Ukpanah, on Tuesday.
MTN Nigeria stated the new directors have been anticipated to deliver their expertise and experience to strengthen the telco big’s operations.
“The new Directors are expected to bring their wealth of experience and expertise to enhance Board operations and contribute to the Company’s growth and future direction,” MTN Nigeria stated.
Profiles
Mr Dikko brings greater than three a long time of expertise spanning banking, telecommunications, data and communications expertise, and regulatory advisory.
He served as chairman of First Securities Discount House Limited from 2002 to 2012 and was vp of regulatory and company affairs at EMTS Limited, which operated as Etisalat Nigeria, from 2007 to 2017.
He holds a Bachelor of Laws diploma from the University of Buckingham and a Master of Laws diploma from Queen Mary and Westfield College, and University of London.
Mr Dikko is a Fellow of the Society of Corporate Governance Nigeria and a Member of the Institute of Directors, Nigeria.
Boye Olusanya
Mr Olusanya, who at the moment leads FMN Holdings Limited, has greater than 25 years of government management expertise throughout the fast-moving shopper items, agriculture, telecommunications, expertise, power, infrastructure and monetary companies sectors.
He has led the strategic transformation of FMN Holdings right into a vertically built-in, consumer-focused meals and agro-industrial enterprise.
MTN Nigeria stated Mr Olusanya’s expertise consists of enterprise transformation, enterprise restructuring, strategic acquisitions, operational turnaround and regional enlargement.
Fabian Ajogwu
Mr Ajogwu is a Senior Advocate of Nigeria and professor of company governance at Lagos Business School. He can also be the senior associate at KENNA LP and has practised regulation for 35 years.
He assisted the Securities and Exchange Commission in drafting Nigeria’s first Code of Corporate Governance and served on the Financial Reporting Council of Nigeria committee that labored on the National Code of Corporate Governance 2018.
Mr Ajogwu can also be the founding father of the Society for Corporate Governance Nigeria and has authored a number of books on company governance.
He holds a PhD in Law from the University of Aberdeen, an MBA from IESE Business School in Barcelona and regulation levels from the University of Nigeria and the University of Lagos.
Imoni Akpofure
Ms Akpofure brings almost three a long time of expertise in finance, infrastructure and sustainability, significantly throughout Sub-Saharan Africa.
Her profession consists of senior roles on the International Finance Corporation, CDC Group, now often called British International Investment, and KINA Advisory.
She at the moment serves on the boards of Africa50 and the Development Bank of Nigeria, the place she brings expertise in infrastructure funding, sustainable progress and company governance.
Lwazi Bam
Mr Bam joined MTN Group as group chief danger officer in June. Before becoming a member of the telecommunications group, he served as chief government officer of Deloitte Africa and Deloitte Southern Africa from 2012 to 2022.
During his almost three a long time at Deloitte, he additionally served on the agency’s Global Executive Committee and suggested organisations on mergers and acquisitions, technique, governance and danger oversight.
Between 2022 and 2026, he served as a non-executive director on the boards of Standard Bank Group and Valterra Platinum. He at the moment serves on the boards of Woolworths Holdings Limited and ZEDA Limited.
Mr Bam is a chartered accountant in South Africa and accomplished the Advanced Management Programme at Harvard Business School.
MTN Nigeria, certainly one of Africa’s largest suppliers of communications companies, connects over 94 million individuals in communities throughout the nation.
Launched in 2001, the telco operates in 19 markets in Africa and the Middle East, serving over 300 million individuals.
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