MTN Nigeria on Wednesday notified the Nigerian Inventory Trade, the making an investment public and different stakeholders that some non-executive administrators; together with the Chairman, Dr. Paschal Dozie are retiring from its board after 18 years of provider.
The Corporate Secretary, Mr Uto Ukpanah, made this identified in a remark made to be had to newsmen in Lagos and mentioned that the retirement would take impact on Sept. 2, NAN stories.
In line with him, it’s because of the expiration in their tenure and in compliance with appropriate codes of Company Governance.
He indexed them as follows; Dr. Pascal Dozie, CON, Chairman; Col. Sani Bello (Rtd), Vice Chairman; Leader Victor Odili, OON, Non-Govt Director.
Different non-executive administrators are Malam Ahmed Dasuki; Mr Babatunde Folawiyo, Mr Gbenga Oyebode, MFR.
Acknowledging the necessary contribution made by means of the outgoing administrators during the last 18 years, MTN Nigeria CEO Ferdinand Moolman, introduced the corporate’s heartfelt because of the pioneering Chairman, Dozie and the outgoing Administrators.
“Our adventure during the last 18 years has been unbelievable, and it do not need been conceivable with out the preliminary entrepreneurial spirit of our founding administrators, and their unfailing and devoted strengthen for MTN Nigeria’s imaginative and prescient through the years.
“I may no longer have requested for a extra supportive, a professional and skilled team of advisors,” Moolman mentioned.
Talking on behalf of the outgoing administrators, Dozie mentioned, ”In 2001, after I made the primary name at the MTN Nigeria community, I don’t assume any person envisaged the tempo and scale of expansion that we, and the wider telecoms sector would succeed in over the following 18 years.
“This can be a distinctive tale that we’re immensely pleased with, and having served as chairman of MTN Nigeria for all of the ones 18 years, I accomplished an extended -held ambition previous this 12 months, when MTN Nigeria indexed at the NSE, offering a chance for a much broader pool of Nigerians to develop into traders within the corporate.
“I will not assume of a higher time to be delivering the reins of the corporate to a brand new Chairman, and to a brand new team of outstanding Nigerian Administrators.
“Now not handiest is that this consistent with very best observe, which we’re absolutely dedicated to, as a member of the top rate board of the NSE, additionally it is completely aligned to the corporate’s long run.
“On behalf of the out-going administrators, I will be able to love to thank the board and control of MTN Nigeria for his or her strengthen through the years and to welcome the incoming administrators.
“ They have got a vastly thrilling long run in entrance of them, and I imagine the chance to make the following 18 years much more a success than the ultimate,” Dozie mentioned.
The Board of MTN Nigeria Communications Percent additionally expressed its appreciation to the six administrators for his or her dedication, management and intensive contributions to the luck of the corporate since their appointment in 2002.
The board needed them the easiest in all their long run endeavours.
On the other hand, the Corporate hss introduced the appointment of Mr. Ernest Ndukwe because the Chairman designate of MTN, and the addition of the next administrators with impact from Sept. 2.
In line with the remark, with the adjustments, the board will include: Dr Ernest Ndukwe, Chairman Designate, Mr Ferdinand Moolman- Leader Govt Officer, Mr Michael Onochie Ajukwu – Unbiased Non-Govt Director, Mr Muhammad Ok. Ahmad, OON -Unbiased Non-Govt Director.
Others indexed have been Mr Andrew Alli – Non-Govt Director, Mr Rhidwaan Gasant, Unbiased Non-Govt Director; Mrs Omobola Johnson, Non-Govt Director; Mr A.B. Mahmoud, OON, Non-Govt Director; Mr Ralph Mupita, Non-Govt Director.
Others incorporated Mr Paul Norman, Non-Govt Director; Mrs Ifueko Okauru, MFR, Non-Govt Director; Mr Jens Schulte-Bockum, Non-Govt Director; Mr Rob Shuter , Non-Govt Director; and Mr Karl Toriola, Non-Govt Director.
Acknowledging the incoming administrators, MTN Nigeria CEO Ferdinand Moolman prolonged a heat welcome to the incoming Administrators.
“The era business is speedy -moving, and our subsequent 18 years be offering a wealth of latest and thrilling alternatives as a completely virtual operator.
“Their mixture of in depth enjoy around the worlds of era, finance, regulatory and coverage construction and company governance gives a vastly synergistic set of talents that shall be of serious receive advantages to us as we transfer into a brand new segment of expansion,” he mentioned.