MTN Nigeria has announced five new appointments to its board of directors, bringing together experienced professionals from the telecommunications, finance, legal, infrastructure and corporate governance sectors as the company prepares for its next phase of growth.
The appointments include former Etisalat Nigeria executives Ibrahim Dikko and Boye Olusanya, alongside Professor Fabian Ajogwu, Imoni Akpofure and Lwazi Bam.
According to a notification submitted to the Nigerian Exchange Limited (NGX) on November 3, 2026, the five appointments will take effect on December 1, 2026.
The MTN Nigeria board appointments comprise two independent non-executive directors and three non-executive directors. Dikko and Olusanya will serve as independent non-executive directors, while Ajogwu, Akpofure and Bam will join as non-executive directors.
The company said the new directors would bring their professional experience and expertise to strengthen board operations and contribute to its growth and future direction.
Among the notable appointments is Ibrahim Dikko, who brings more than 30 years of experience across banking, telecommunications, information and communications technology, and regulatory advisory.
Dikko previously served as chairman of First Securities Discount House Limited between 2002 and 2012. He also worked as vice president of regulatory and corporate affairs at EMTS Limited, which operated as Etisalat Nigeria, from 2007 to 2017.
His experience in telecommunications and regulatory affairs could provide valuable industry knowledge as MTN continues to navigate Nigeria’s competitive telecommunications market.
Boye Olusanya is another significant addition to the board. He currently serves as Group Chief Executive Officer of FMN Holdings Limited and has more than 25 years of executive leadership experience across several industries.
His professional background covers fast-moving consumer goods, agriculture, telecommunications, technology, energy, infrastructure and financial services.
Olusanya previously led Etisalat Nigeria through its transition into 9mobile in 2017. His appointment brings experience from a major competitor into MTN Nigeria’s boardroom.
The company has also appointed Professor Fabian Ajogwu, a Senior Advocate of Nigeria and professor of corporate governance at Lagos Business School.
Ajogwu has extensive experience in corporate law, business leadership and governance. He is also the senior partner at KENNA LP.
His contributions to Nigeria’s corporate governance framework include assisting the Securities and Exchange Commission in developing the country’s first Code of Corporate Governance.
Another appointee, Imoni Akpofure, brings experience in infrastructure finance and investment. Her professional background includes work with international development finance institutions and investment organisations.
She has also served on the boards of organisations involved in infrastructure development and financing, including Africa50 and the Development Bank of Nigeria.
The fifth appointee, Lwazi Bam, brings international business and risk management experience to the board. He currently serves as MTN Group’s Chief Risk Officer.
Before joining MTN Group, Bam held senior leadership positions at Deloitte, including serving as Chief Executive Officer of Deloitte Africa. His experience spans business strategy, corporate leadership, risk management and governance.
The combination of these professionals gives MTN Nigeria access to experience across different areas of business management and corporate oversight.
The MTN Nigeria board appointments come as the telecommunications company continues to expand its operations and strengthen its position in Nigeria’s growing digital economy.
The company operates in a highly competitive industry where investments in network infrastructure, data services and digital products remain important to long-term growth.
Having directors with experience in telecommunications, finance, infrastructure and corporate governance could help the company strengthen its decision-making and provide oversight as it pursues its business objectives.
However, the appointments do not represent changes to the company’s day-to-day executive management. Instead, the new directors will contribute through their responsibilities at board level.
For Nigeria’s telecommunications industry, the development also highlights the importance of experienced leadership in managing large companies operating in a rapidly changing business environment.
With the five appointments scheduled to take effect on December 1, MTN Nigeria is bringing additional industry knowledge and professional expertise into its boardroom as it prepares for its next stage of de