MTN Nigeria's CEO Michael Ikpoki Resigns. (See Why)


MTN Nigeria’s CEO Michael Ikpoki has resigned.
The company's head of Regulatory and Corporate
Affairs, Akinwale Goodluck has also resigned with
immediate effect.

Ikpoki has been replaced by Ferdi Moolman as
MTN Nigeria CEO while Goodluck has been
replaced by Amina Oyagbola as its head of
Regulatory and Corporate Affairs. Read the
press statement released my MTN group below;

“MTN Nigeria’s CEO Michael Ikpoki and the head
of Regulatory and Corporate Affairs Akinwale
Goodluck have tendered their resignations with
immediate effect,” the company said in a statement
Thursday morning. “They are replaced by Ferdi
Moolman as MTN Nigeria CEO and Amina Oyagbola
s its head of Regulatory and Corporate Affairs.
Mr Moolman was previously COO at MTN Irancell
and most recently CFO at MTN Nigeria.

A Nigerian national, Ms Oyagbola also retains
the position of MTN Nigeria’s Head of Human
Resources. She formerly headed regulatory affairs
at the Nigerian operating company.” The company
also said it has received a formal letter dated
December 2 from the NCC informing it that, “after
considering the Company’s request, it has taken the
decision to reduce the fine on the MTN Nigerian
business from the original N1,040,000,000,000
(One Trillion, Forty Billion Naira) to N674 Billion
Naira which has to be paid by 31 December 2015.”

The fine relates to the late disconnecting of
5.1 million MTN Nigeria subscribers in August
and September 2015.
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