MTN Nigeria Enhances Leadership with New Appointments to Board
MTN Nigeria appoints Eyitope Kola-Oyeneyin, Odumezuo Nwuneli, and Tim Pennington to Board, enhancing expertise in transformation, finance, and investment.
MTN Nigeria Communications PLC notified the Nigerian Exchange Limited (NGX) and the investing public of the appointment of the following persons to join the Board of Directors of the Company effective 2 January 2025:
- Mrs. Eyitope Kola-Oyeneyi – Independent Non-Executive Director
- Mr. Odumezuo Nwuneli – Independent Non-Executive Director
- Mr. Tim Pennington – Non-Executive Director.
The new Directors will bring their wealth of experience and expertise to enhance Board operations and contribute to the Company’s growth and future direction.
Mrs. Eyitope Kola-Oyeneyin is a seasoned systems change leader and transformation expert with over twenty (20) years of global experience as a senior advisor, operating executive across multiple African countries, and policymaker. She has a successful track record of partnering with institutions, regulators, and investors across Africa to develop ambitious growth programs and execute large-scale transformations. As the Managing Partner of Augmentum Advisory, she supports senior leaders to drive growth and value creation through digital transformation, policy innovation, and large-scale program execution.
Mr. Odumezuo Nwuneli Mr Odumezuo Nwuneli is the Managing Partner of Sahel Capital, a food and agribusiness focused private investment firm investing across sub-Saharan Africa. He has over twenty-seven (27) years of private equity, investment banking, and corporate finance experience. Through his work he has raised capital, led investment transactions, and advised on mergers & acquisitions transactions across a range of industries. He previously worked in the financial services, Downstream Petroleum, and Telecommunications sectors. Since 2010, he has worked extensively and led investment transactions in the food and agricultural sector in Africa. He has also actively contributed to the development of the impact investing ecosystem in Nigeria.
Mr. Tim Pennington Mr. Tim Pennington holds a BA (Hons) in Economics from the University of Manchester and is an associate of the Chartered Institute of Bankers, UK. He is an Independent Non-Executive Director on the Board of MTN Group Limited. He was the Chief Financial Officer (CFO) of Millicom International Cellular from 2014 until March 2022.
