Another MTN CEO resigns

MTN Group has reviewed its operating structure to “strengthen operational oversight, leadership, governance, and regulatory compliance” across its 22 country operations in Africa and the Middle East.

MTN will be restructured into three regions – West and Central Africa (WECA), South and East Africa (SEA), and Middle East and North Africa (MENA).

MTN has made a number of senior appointments to support the restructuring.

Jyoti Desai is the new Group Chief Operating Officer. Based in Johannesburg, she reports to the Executive Chairman Phuthuma Nhleko.

Two regional Vice Presidents have been appointed, also reporting to the Executive Chairman. The VP for WECA is Karl Toriola, with Ismail Jaroudi the VP for MENA. The VP for SEA will be announced soon.

Also reporting to the Executive Chairman is the new Group Executive for M&A, Matthew Odgers.

MTN Nigeria’s CEO Michael Ikpoki and the head of Regulatory and Corporate Affairs Akinwale Goodluck have tendered their resignations with immediate effect.

They are replaced by Ferdi Moolman as MTN Nigeria CEO and Amina Oyagbola as its head of Regulatory and Corporate Affairs.

The search for the MTN Group CEO is underway and remains a priority, the company said.

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Another MTN CEO resigns