MTN Nigeria Communications PLC has announced the appointment of five new directors scheduled to assume office on December 1, 2026.
The telecommunications company in a notice to the NGX announced two independent non-executive directors and three non-executive directors.
Joining the board as Independent Non-Executive Directors are Mr. Ibrahim Dikko and Mr. Boye Olusanya. Both bring extensive executive management and governance experience from key sectors of the Nigerian economy.
The company also announced the appointments of Professor Fabian Ajogwu, OFR, SAN, Ms. Imoni Akpofure, and Mr. Lwazi Bam as Non-Executive Directors.
Professor Fabian Ajogwu, OFR, SAN, a leading legal scholar, Senior Partner at Kenna Partners, and Professor of Corporate Governance at Lagos Business School, Ajogwu previously assisted the Securities and Exchange Commission in drafting Nigeria’s pioneer Code of Corporate Governance and served on the Financial Reporting Council of Nigeria’s governance committees. His induction is set to reinforce the board’s regulatory and legal compliance framework.
Ms. Imoni Akpofure is a seasoned development finance and investment professional who currently sits on the boards of Africa50 and the Development Bank of Nigeria, Akpofure brings hands-on institutional experience in sustainable growth and infrastructure financing.
Mr. Lwazi Bam was formerly the Chief Executive Officer of Deloitte Africa from 2012 to 2022, Bam joined MTN Group as Group Chief Risk Officer in June 2026. His appointment adds institutional alignment and pan-African audit and risk management capabilities to MTN Nigeria’s boardroom.
According to the telecoms company, the newly appointed directors will contribute substantial sector experience to help steer MTN Nigeria through its ongoing operational expansion and structural initiatives, including its fintech scale-up and network infrastructure investments.
The reconstitution of the board follows the company’s solid third-quarter financial results and aligns with regulatory requirements under the NGX Rulebook and the Nigerian Code of Corporate Governance.
MTN Nigeria reaffirmed its confidence that the collective expertise of the incoming directors will drive sustained shareholder value and strengthen boardroom governance across all operating segments.
