Business
MTN CEO, Karl Toriola, Tells Biggest Achievement & “It’s Tremendous”
appointed chief executive officer in October 2020.
Karl Toriola, the Chief Executive Officer of MNT Nigeria has revealed his biggest achievement.
“I think getting MTN Nigeria back to a place where it’s being liked and loved gradually is probably my biggest achievement. It’s a long journey” Toriola who was appointed chief executive officer in October 2020 disclosed.
And added “Everyone loves to hate two service providers, the telco and the bank, and to get them (customers) to start to like and love you and give you some respect; I think it’s a tremendous achievement,”
The MTN Nigeria number person made the revelation in response to his recognition as the CEO of The Year by SABRE AFRICA.
The 2023 edition of the Award which recognizes Superior Achievement in Branding, Reputation, and Engagement honored Toriola with a Certificate of Excellence as the CEO of the year in recognition tenacious leadership and drive for innovation.
The CEO of The Year, however, labeled the feat “a team accomplishment.”
“First of all, it’s a team accomplishment. So, it’s not down to me but the entire team – from the board, right down to everyone working in the organisation”, the man under whose watch revenue grew from N1.346Trillion at the time of appointment to N2.012 Trillion as at financial year ended 2022 declared.
Since becoming CEO of the leading technology giant in October 2020, Karl Toriola has spearheaded the organisation’s transition from solely providing telecommunications services to a wide range of technology solutions. During his time in office, MTN Nigeria became the first company in Nigeria to receive the licensing to roll out 5G spectrum commercially. MTN Nigeria was also granted a Payment Service Bank licence to provide financial solutions to Nigerians through MoMo PSB, the fintech subsidiary of MTN Nigeria.
Another milestone for MTN Nigeria during his time as the CEO was the successful closure of the Public Offer. In December 2021, MTN Nigeria became the first Nigerian company to make its public offer of 575 million sales in shares to retail investors through a premiere digital platform during the Primary Offer.
Before his appointment as the CEO of MTN Nigeria, Karl Toriola worked at Ericsson Nigeria in 2000 as a Support and Integration Manager. He moved to Econet Nigeria in 2003 as Deputy Chief Technical Officer before becoming Chief Operations Officer at then Vmobile Nigeria (now Airtel). In 2006 Karl Toriola joined MTN Nigeria as Chief Technical Officer. He was appointed CEO of MTN Congo Brazzaville in 2011 and MTN Cameroon in the same year. He became Vice President of MTN Group’s WECA (West and Central Africa) for five years until he was announced CEO of MTN Nigeria in October 2020.
