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Thursday, July 25, 2019

Ndukwe to replace Dozie @MTN as chairman, Omobola Johnson, Ahmad get onboard - ITREALMS

Former telecoms regulatory chief, Dr. Ernest Ndukwe, has been named the chairman-designate for MTN Nigeria following a board shake-up, reports ITREALMS.

He will be taking over from the pioneer chairman, Dr. Pascal Dozie, who has been on the saddle for the past 18 years, effective September 2.

In May this year MTN Nigeria was listed at the Nigeria Stock Exchange (NSE) with majority of the shares owned by South Africa’s MTN Group, in a 2 trillion naira ($6.54 billion) debut, and has elevated the telecoms company into the second-largest stock by market value at NSE.

Ndukwe, would be joined in the new board structure by the former minister for Communication Technology, Dr. Mrs. Omobola Johnson, ex-Nigerian pension regulatory chief, Muhammad Ahmad, ex-banker Andrew Alli, and tax consultant, Mrs Ifueko Okauru.

Confirming this to 
ITREALMS in a press statement, the Chief Executive, MTN Nigeria, Mr. Ferdinand Moolman said “(The) combination of extensive experience across the worlds of technology, finance, regulatory and policy development and corporate governance offers a hugely synergistic set of skills that will be of great benefit to us as we move into a new phase of growth.”

Chuks Egbune/Editor

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