MTN Group has announced a restructuring of its executive leadership team to strengthen the implementation of its Ambition 2025 strategy and drive long-term growth across key markets.
The telecommunications giant disclosed this in a statement on Monday, noting that the changes are aimed at enhancing operational efficiency and accelerating digital inclusion across Africa.
According to the statement, Dr Karl Toriola, Chief Executive Officer of MTN Nigeria, has been appointed Vice President for Francophone Africa, effective Nov. 1, 2025.
He will oversee operations in Cameroon, Côte d’Ivoire, Benin and Congo Brazzaville, while retaining his role as CEO of MTN Nigeria.
MTN said the appointment reflects its confidence in Nigerian leadership and underscores Nigeria’s strategic importance to the Group’s overall success.
Under Toriola’s leadership, MTN Nigeria became the first telecommunications company to attain ₦10 trillion in market capitalisation, driven by strong financial performance, innovation and operational excellence.
Toriola previously served as Vice President for West and Central Africa between 2015 and 2021, overseeing 13 countries.
Commenting on the development, MTN Group President and CEO, Ralph Mupita, said the leadership changes would support the accelerated execution of the Group’s strategy beyond 2025 and enhance value creation for stakeholders.
“These changes illustrate the depth of talent and experience across the Group,” Mupita said.
The restructuring aligns with MTN’s strategic focus on three core platforms: Connectivity, Fintech and Digital Infrastructure.
The Group said it is intensifying efforts to expand home broadband services, simplify digital offerings, scale financial services through a digital-first approach, and invest in fibre networks, data centres and AI-driven efficiencies.
MTN reaffirmed its commitment to leading digital solutions for Africa’s progress, noting that the leadership evolution is a key step towards achieving its long-term vision.
