MTN Group has unveiled a major restructuring of its executive leadership team, a move designed to accelerate the execution of its Ambition 2025 strategy and drive sustainable growth across Africa.
A central feature of the shake-up is the expanded role of Dr. Karl Toriola, CEO of MTN Nigeria, who will, from 1 November 2025, also serve as Vice President for Francophone Africa. In this dual capacity, Toriola will continue to steer Nigeria’s largest telecoms operator while leading MTN’s strategic expansion in Cameroon, Côte d’Ivoire, Benin, and Congo Brazzaville.
MTN said the development underscores its confidence in Nigerian leadership and acknowledges Nigeria’s central role in the Group’s overall success. Under Toriola’s watch, MTN Nigeria has achieved consistent financial growth, operational excellence, and innovation, including becoming the first telecommunications company to cross ₦10 trillion in market capitalization.
His new appointment also reflects his wealth of experience, having served as MTN Vice President for West and Central Africa between 2015 and 2021.
“These leadership changes illustrate the depth of talent and experience we have across the Group,” said Ralph Mupita, MTN Group President and CEO. “The changes will support the accelerated execution of our strategy beyond 2025 as well as greater value creation for stakeholders over the medium term.”
The restructuring reaffirms MTN’s focus on its Ambition 2025 strategy, centered around three growth platforms: Connectivity, Fintech, and Digital Infrastructure. The company plans to expand home broadband penetration, scale its fintech services into a fully digital-first platform, and strengthen digital infrastructure through fibre rollouts, data centre expansion, and AI-driven efficiencies.
As MTN looks beyond 2025, the leadership evolution represents a bold step toward advancing its vision of leading digital solutions for Africa’s progress.
