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MTN bets on Nigerian CEO Toriola to drive growth across Francophone Africa

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By Chinenye Anuforo

MTN Group has restructured its executive leadership, handing Nigerian CEO Dr Karl Toriola an expanded portfolio as Vice President for Francophone Africa, effective Friday, November 1, 2025.

The move places Toriola, who will continue to head MTN Nigeria, at the forefront of the Group’s drive to deepen market share and accelerate digital inclusion in Cameroon, Côte d’Ivoire, Benin, and Congo Brazzaville. His dual role reflects MTN’s strategy to strengthen execution of its Ambition 2025 plan and position the company for long-term growth across Africa.

Toriola’s elevation highlights MTN’s confidence in Nigerian leadership and the country’s central role in the Group’s success. Since assuming leadership of MTN Nigeria, he has steered the operator to record financial performance, operational efficiency, and innovation, including becoming the first telecoms company to hit a ₦10 trillion market capitalisation. He also brings regional experience, having previously served as MTN’s Vice President for West and Central Africa from 2015 to 2021.

“These leadership changes reflect the depth of talent and experience within MTN. They will accelerate execution of our strategy beyond 2025 and deliver greater value to stakeholders,” said Ralph Mupita, MTN Group President and CEO.

The leadership shake-up comes as MTN doubles down on its Ambition 2025 strategy, built on three growth pillars: Connectivity, Fintech, and Digital Infrastructure. The Group is intensifying efforts to win the home broadband market, scale its fintech services into a digital-first platform, and expand investments in fibre, data centres, and AI-driven efficiencies.

With Toriola now carrying a broader continental mandate, MTN signals a bold step towards its vision of leading digital solutions for Africa’s progress.



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