A former CBN governor and Emir of Kano, Mallam Sanusi Lamido, appointed into MTN Group board

Man impersonating Emir Sanusi on Instagram has been arrested
  • MTN Group announces significant changes to the Group Board and the establishment of an International Advisory Board (IAB).
  • The Group also welcome Emir of Kano and former CBN governor, Mallam Sanusi Lamido Sanusi, into its board.

MTN Group Ltd., a South African telecom firm, on Friday, announced the appointment of Emir of Kano and former CBN governor, Mallam Sanusi Lamido Sanusi, into its board.

The African telecom giant made the announcement in a statement released on Friday, seen by Business Insider Sub-Saharan Africa by Pulse.

The group also made significant changes to its board and announced appointment across African markets.

MTN Board said the company has entered a more stable and settled period which enables it to now effect an evolution of the Board following recent challenging regulatory environments and competitive trading conditions.

“MTN Group today announced significant changes to the Group Board and the establishment of an International Advisory Board (IAB). The MTN Group Board is of the view that MTN has entered a more stable and settled period which enables it to now effect an evolution of the Board following recent challenging regulatory environments and competitive trading conditions.

“MTN Group wishes to announce the following changes to the Board over the next 12 months:

1. The Chairman of MTN Group, Phuthuma Nhleko, who was anticipated to step down from his position at the AGM to be held on 23 May 2019, will step down from the Board on 15 December 2019 after overseeing an orderly transition of the Board including the establishment of the International Advisory Board.

2. Mcebisi Jonas has been appointed Chairman-designate and will assume the position of Chairman of MTN Group effective 15 December 2019.

3. Dr Khotso Mokhele will assume the responsibilities of Lead Independent Director with effect from 15 December 2019.

4. Further, Alan Harper, Jeff Van Rooyen and Koosum Kaylan will step down from the Board on 15 Dec 2019 after an orderly transition and handover to incoming directors.

5. Peter Mageza and Dawn Marole will step down from the Board effective 30 April 2020.

Further to the above, we are pleased to welcome onto the Board His Royal Highness Sanusi Lamido Sanusi and Vincent Rague with effect from 1 July 2019.

“His Royal Highness Sanusi Lamido Sanusi is a Nigerian national, the Emir of Kano and a former Governor of the Central Bank of Nigeria. Vincent Rague is a Kenyan national who worked for the International Finance Corporation for 24 years in a number of senior positions.”

“We are confident that the incoming directors will bring a wealth of experience, diversity of skills and regional experience to the Board.”

Who is Sanusi Lamido Sanusi?

Sanusi Lamido was a banker and former governor of the Central Bank of Nigeria appointed in 2009. He led various reforms at the apex bank in the midst of global financial crisis. He was suspended by former President Goodluck Jonathan in 2014 after he accused the government in a controversial $20 billion fraud. 

He later became the 14th Emir of Kano, after the death of his granduncle Ado Bayero same year.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

Africa’s richest man Aliko Dangote seeks to raise an additional $1.1 billion to complete his refinery project by 2023

Africa’s richest man Aliko Dangote seeks to raise an additional $1.1 billion to complete his refinery project by 2023

9 most expensive African countries to rent a one bedroom apartment, based on property price to income ratio

9 most expensive African countries to rent a one bedroom apartment, based on property price to income ratio

8 African countries where Rihanna plans to launch her luxury Fenty Beauty products

8 African countries where Rihanna plans to launch her luxury Fenty Beauty products

Here are the top 10 cities in Africa where the most rich people live

Here are the top 10 cities in Africa where the most rich people live

Top 10 happiest countries in Africa in 2022

Top 10 happiest countries in Africa in 2022

Africa’s richest man Aliko Dangote poised to overtake another Russian billionaire Vladimir Lisin on Bloomberg billionaires list

Africa’s richest man Aliko Dangote poised to overtake another Russian billionaire Vladimir Lisin on Bloomberg billionaires list

Mzee Kibor's will made public, revealing how vast wealth and millions will be distributed

Mzee Kibor's will made public, revealing how vast wealth and millions will be distributed

Ini Edo posts new photos amid reports of welcoming a baby through surrogacy

Ini Edo posts new photos amid reports of welcoming a baby through surrogacy

Haiwezi, my wife is prettier - Omanyala turns down Huddah’s advances

Haiwezi, my wife is prettier - Omanyala turns down Huddah’s advances