MTN Group Reviews Leadership Structure

The MTN Group says it
has reviewed its operating structure with a view to strengthening operational oversight, leadership, governance and regulatory compliance across its 22 country operations in Africa and the Middle East.
A statement made available to newsmen in Lagos on Thursday by the organisation, said that consequently, the MTN Nigeria’s Chief Executive Officer (CEO), Mr Michael Ikpoki had tendered his resignation with immediate effect.
It said that the Head of Regulatory and Corporate Affairs, Mr Akinwale Goodluck also tendered his resignation with immediate effect.
The group’s statement said that Ikpoki was replaced by Mr Ferdi Moolman as MTN Nigeria CEO, while Goodluck was replaced with Ms Amina Oyagbola, as its Head of Regulatory and Corporate Affairs.
Moolman, it said was previously the Chief Operating Officer (COO) at MTN Iran cell and most recently, the Chief Financial Officer (CFO) at MTN Nigeria.
The statement said that Nigerian national, Oyagbola retained the position of MTN Nigeria’s Head of Human Resources, in addition to heading regulatory affairs at the Nigerian operating company.
It said that the search for the MTN group’s CEO was underway and remained a priority.
“The group has resolved to re-implement its previous reporting structure.
“MTN group would restructure into three regions, namely West and Central Africa (WECA), South and East Africa (SEA), and Middle East and North Africa (MENA).
“To support this structure, MTN has made a number of senior appointments,’’ the statement noted.
The statement said that the MTN group’s leadership structure was also reviewed, adding that effective Dec. 1, 2015, Ms Jyoti Desai would assume the new position of Group Chief Operating Officer (COO).
It added that Desai, who is based in Johannesburg and has 14 year working experience at MTN, would report to the Executive Chairman, Mr Phuthuma Nhleko.