MTN Appoints Sanusi Lamido As Non-Executive Director

, Executive Agenda

Telecoms giant, MTN Nigeria, has appointed a former Central Bank of Nigeria (CBN) governor and current Emir of Kano, Sanusi Lamido Sanusi as a Non-Executive Director effective July 1, 2019.

Sanusi Lamido Sanusi, MTN Appoints Sanusi Lamido as Non-Executive Director

According to report, the appointment of the former CBN Boss is part of MTN board roomshake-up at Africa’s biggest wireless carrier, which will also see the on-boarding of South Africa’s former deputy finance minister Mcebisi Jonas as a new group chairman.

Sanusi’s Appointment against the backdrop of MTN listing: The appointment of Lamido in Nigeria comes as MTN prepares to list its local unit on the Nigerian Stock Exchange (NSE), a condition reportedly as part of the settlement of a $1 billion regulatory action three years ago.