MTN Nigeria Appoints Fabian Ajogwu, Four Others to Board

MTN Nigeria Appoints Fabian Ajogwu, Four Others to Board

MTN Nigeria Communications Plc has appointed renowned legal practitioner and Senior Advocate of Nigeria (SAN), Professor Fabian Ajogwu, as a Non-Executive Director, alongside four other new directors as part of efforts to strengthen the telecommunications company’s board and corporate governance structure.

The appointments were disclosed in a notification to the Nigerian Exchange Limited (NGX) and the investing public dated November 3, 2026, and signed by the company’s Secretary, Uto Ukpanah.

Ajogwu’s appointment will take effect from December 1, 2026.

The other appointees are Ibrahim Dikko and Boye Olusanya, who will serve as Independent Non-Executive Directors, while Imoni Akpofure and Lwazi Bam have been appointed Non-Executive Directors.

MTN Nigeria said the new directors would bring valuable experience and professional expertise to the board, strengthening its capacity to support the company’s growth, strategic direction and overall business objectives.

Ajogwu Brings Extensive Legal and Governance Experience

Ajogwu’s appointment is expected to bring considerable legal, academic and corporate governance experience to the telecommunications company’s leadership structure.

He is a Professor of Corporate Governance at Lagos Business School and Senior Partner at KENNA LP, with 35 years of legal practice, including 17 years as a Senior Advocate of Nigeria.

He has played significant roles in the development of Nigeria’s corporate governance framework, including assisting the Securities and Exchange Commission in drafting the country’s pioneering Code of Corporate Governance.

He also served on the Financial Reporting Council of Nigeria’s committee responsible for the National Code of Corporate Governance 2018.

Ajogwu is the founder of the Society for Corporate Governance Nigeria and an Honorary Fellow of the Chartered Institute of Directors Nigeria and the Institute of Chartered Secretaries and Administrators of Nigeria.

His academic qualifications include a doctorate in law from the University of Aberdeen, an MBA from IESE Business School in Barcelona, and law degrees from the University of Nigeria and the University of Lagos. He is also an alumnus of Saïd Business School, University of Oxford.

He holds the national honour of Officer of the Order of the Federal Republic (OFR) and has authored several publications on corporate governance, including The Purpose of the Corporation and Outcomes-Based Governance: Modern Perspectives on Corporate Governance, co-authored with Professor Mervyn King.

Other Appointees Bring Diverse Industry Experience

The other four appointments also reflect a broad range of experience across telecommunications, financial services, infrastructure, technology and corporate leadership.

Ibrahim Dikko brings more than 30 years of professional experience spanning banking, telecommunications, information and communications technology, as well as regulatory advisory services.

He previously chaired First Securities Discount House Limited and served as Vice President, Regulatory and Corporate Affairs, at Etisalat Nigeria.

Boye Olusanya, the Group Chief Executive Officer of FMN Holdings Limited, has more than 25 years of executive leadership experience across telecommunications, technology, agriculture, infrastructure and financial services.

Imoni Akpofure brings nearly three decades of experience in finance, infrastructure and sustainability. Her professional background includes senior positions at the International Finance Corporation and CDC Group, now known as British International Investment.

She currently serves on the boards of Africa50 and the Development Bank of Nigeria.

Lwazi Bam, who became MTN Group’s Chief Risk Officer in June 2026, previously held leadership positions at Deloitte Africa and Deloitte Southern Africa.

His experience covers corporate strategy, mergers and acquisitions, governance and risk management.

The appointments represent a significant addition to MTN Nigeria’s board, bringing together expertise in law, corporate governance, finance, telecommunications, infrastructure and enterprise risk management.

The company said the new directors would contribute to strengthening board operations and supporting its future growth and strategic priorities.