Telecoms giant, MTN has announced the retirement of its board chairman, Pascal Dozie and five other non-executive directors from the telco.
In a note to the Nigerian Stock Exchange (NSE), it said the investing public and other stakeholders should note that the retirement follows the expiration of their tenure and in compliance with applicable codes of Corporate Governance. The retirement takes effect from September 2, 2019.
Also retired are Col. Sani Bello (rtd) vice-chairman; Chief Victor Odili, non-executive director; Mallam Ahmed Dasuki-non-executive director; Mr. Babatunde Folawiyo-non-executive director; and Mr. Gbenga Oyebode, non-executive director.
While the telco expressed its appreciation to the six directors for their commitment, leadership and extensive contributions to the success of the telco since their appointment in 2001, it announced the appointment of former Executive Vice Chairman, Nigerian Communications Commission (NCC), Mr. Ernest Ndukwe as chairman designate.
Other board members include the telcos Chief Executive Officer, Mr. Ferdinand Moolman; Mr. Michael Onochie Ajukwu-independent non-executive director; Mr. Muhammad K. Ahmad-independent non-executive director; Mr. Andrew Alli-non-executive director; Mr. Rhidwaan Gasant-independent non-executive director; Mrs. Omobola Johnson-non-executive director; and Mr. A.B. Mahmoud-non-executive director.
Others, according to a statement endorsed by the telco’s Company Secretary, Uto Ukpanah, include Mr. Ralph Mupita-non-executive director; Mr. Paul Norman-non-executive director; Mrs. Ifueko Okauru-non-executive director; Mr. Jens Schulte-Bockum-non-executive director; Group CEO, Mr. Rob Shuter-non-executive director and Mr. Karl Toriola-non-executive director.
Mrs. Johnson served as pioneer ComTech Minister between 2011 and 2015 and pioneered the Federal Government’s involvement in a venture capital fund and a network of start-up incubators and participated in the launching and execution of the National Broadband Plan.
Source: The Nation