By Modupe Gbadeyanka
A former Governor of the Central Bank of Nigeria (CBN), Mr Lamido Sanusi, has been appointed to the board of MTN Group Limited.
The former bank executive with First Bank of Nigeria became the Emir of Kano after he was suspended as CBN chief in 2014 by former President Goodluck Jonathan.
MTN Group is planning to list shares of its Nigerian arm on the Nigerian Stock Exchange (NSE) before the end of this year.
It was learned that the paramount northern traditional ruler will serve on the MTN board as a non-executive director.
He is expected to take the company higher and provide valuable advice with his huge knowledge of the Nigerian economy
Also, as part of the boardroom shake up at MTN Group, former South Africa Deputy Finance Minister, Mr Mcebisi Jonas, has been appointed as chairman of the Africa’s biggest GSM network service provider.
Mr Jonas will replace Mr Phuthuma Nhleko, who plans to step down in December after almost two decades as chairman or chief executive officer of the Johannesburg-based company.
The new Chairman is seen as the right candidate to sustain the growth at MTN and he is will assume office on December 15, 2019.
He, Mr Sanusi and other member of the board, according to MTN Group on Friday, will “counsel, guide and support the MTN Group” in its vision of growing its African and global footprint in telecommunications and increasing digital inclusion, MTN said in an update to shareholders.
more recommended stories
Nigeria Nominates Adebambo Adewopo For WIPO Leadership
By Adedapo Adesanya Federal Government of.
Brexit: Facebook Creates 1,000 New Jobs, Expands UK Investment
By Adedapo Adesanya Facebook is set.
BREAKING: Jumia Nigeria Gets New CEO
By Dipo Olowookere Co-founder of Jumia.
Sanwo-Olu Reshuffles Cabinet, Converts Aides to Commissioners
By Modupe Gbadeyanka A minor minor.
Buhari Picks IMF Director Obiora as CBN Deputy Governor
By Dipo Olowookere An Alternate Executive.
Unilever Nigeria Appoints Cruz as Managing Director
By Modupe Gbadeyanka Chairman of Unilever.
Champion Breweries Picks New MD Polymenakos from Coca-Cola
By Modupe Gbadeyanka The board of.
Centurion Law Group Selects Adeoye as Managing Director
By Modupe Gbadeyanka An oil and.