MTN Group
Limited has announced a comprehensive review of its strategic direction and
operational structure, reinforcing its commitment to the Ambition 2025 strategy
while introducing key leadership changes to drive execution. The telecoms giant
is sharpening its focus on three core business pillars—Connectivity, Fintech,
and Digital Infrastructure—to capitalize on Africa’s expanding digital
economy.
The Group’s
board has reaffirmed the relevance of its existing strategy but is refining its
approach to better align with evolving geopolitical, macroeconomic, and
technological trends. The restructured focus will see MTN prioritize data
adoption, financial inclusion, and digital infrastructure expansion across its
markets.
Under the Connectivity
platform, MTN aims to enhance home broadband services and streamline digital
offerings. The Fintech division will transition into a scalable, digital-first
model, while Digital Infrastructure will be expanded to support rising data
demands, including AI integration and partnerships with satellite network
providers.
To strengthen
execution, MTN has announced significant leadership changes effective 1
November 2025.
Tsholofelo
Molefe, the Group Chief Financial Officer, will now oversee mergers and
acquisitions, consolidating capital allocation under her leadership. Kholekile
Ndamase, previously Chief M&A and Business Development Officer, will step
down from the executive committee and report to Molefe.
Ebenezer Asante,
Senior Vice President of Markets, will now lead operations in Ghana, Southern,
and East Africa, focusing on accelerating growth in these regions. Meanwhile, Karl
Toriola, CEO of MTN Nigeria, will take on additional oversight of Francophone
Africa, leveraging his extensive experience in the region.
In South
Africa, Ferdi Moolman, the current Group Chief Risk Officer, will succeed Charles
Molapisi as CEO of MTN SA. Molapisi will transition back to his former role as
Group Chief Technology and Information Officer, with an expanded mandate to
drive AI adoption across the business. Yolanda Cuba, previously VP for Southern
and East Africa, will become Deputy CEO of MTN SA, supporting Moolman in
revitalizing the South African operation.
Mazen Mroué,
currently Group Chief Technology and Information Officer, will shift focus
entirely to expanding MTN’s digital infrastructure, including fibre, data
centres, and non-terrestrial networks like satellite connectivity.
Selorm Adadevoh,
Group Chief Commercial Officer, will absorb strategy and transformation
responsibilities, while Chika Ekeji steps down from the executive committee to
focus on emerging business ventures.
MTN SA is
preparing for a leadership transition as Chairman Mike Harper prepares to
retire in 2026. Sindisiwe (Sindi) Mabaso-Koyana has been named as his
successor, ensuring continuity in board leadership. Harper, who has chaired MTN
SA since 2016, is credited with steering the company through operational
challenges, including maintaining network resilience amid persistent power outages.
MTN Group
President and CEO Ralph Mupita emphasized that the reshuffle underscores the
company’s deep leadership bench and commitment to long-term value creation. “These
changes position us to execute our strategy with greater agility and focus,
ensuring sustainable growth beyond 2025,” he said.
By: Nana Appiah Acquaye
