MTN Nigeria makes three board appointments

MTN Nigeria Communications PLC has announced the appointment of three persons to join the Board of Directors of the Company effective 2 January 2025.

They are – Mrs. Eyitope Kola-Oyeneyi – Independent Non-Executive Director; Mr. Odumezuo Nwuneli – Independent Non-Executive Director and Mr. Tim Pennington – Non-Executive Director.

This was contained in a notification sent to Nigerian Exchange Limited (NGX).

The notification signed by Uto Ukpanah, Company Secretary, said the new directors will bring their wealth of experience and expertise to enhance the Board operations and contribute to the company’s growth and future direction.

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Kola-Oyeneyin is a seasoned systems change leader and transformation expert with over twenty (20) years of global experience as a senior advisor, operating executive across multiple African countries, and policymaker.

She has a successful track record of partnering with institutions, regulators, and investors across Africa to develop ambitious growth programs and execute large-scale transformations.

Nwuneli is the Managing Partner of Sahel Capital, a food and agribusiness focused private investment firm investing across sub-Saharan Africa. He has over twenty-seven (27) years of private equity, investment banking and corporate finance experience.

Pennington holds a BA (Hons) in Economics from the University of Manchester and is an associate of the Chartered Institute of Bankers, UK. He is an Independent Non-Executive Director on the Board of MTN Group Limited. He was the Chief Financial Officer (CFO) of Millicom International Cellular from 2014 until March 2022.