MTN Nigeria boasts a 95% Nigerian executive team, leading the charge in local representation for economic sustainability and national pride within the telecommunications sector
[dropcap]M[/dropcap]TN Nigeria has proudly announced that its executive cadre is now 95 percent Nigerian, a testament to its robust policy of robust local representation aimed at fostering economic sustainability and national pride.
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The telecommunications giant, citing its recently published 2024 Annual Report, highlights that this figure significantly surpasses its closest competitors within the Nigerian market.
“In an era when local representation in corporate leadership is becoming increasingly important for economic sustainability and national pride, we have emerged as a clear leader among telecommunications companies operating in the country,” the company stated.
Delving into its leadership structure, MTN Nigeria reports that an impressive 11 out of 15 board members are Nigerian, including its Chief Executive Officer, Karl Olutokun Toriola, and Chief Financial Officer, Modupe Kadri, alongside several other executive directors.
This makes MTN Nigeria’s executive leadership not only the most indigenised among Nigeria’s major telcos but also one of the most diverse in terms of gender and regional representation.
Why Local Representation Matters
MTN Nigeria asserts that its localisation strategy is far from mere window dressing. The company directly employs over 1,847 Nigerians and impacts more than two million individuals through indirect and trade partner roles.
In a nation grappling with youth unemployment exceeding 33%, these figures translate into critical socioeconomic value.
Ernest Ndukwe, MTN Nigeria Chairman, affirmed, “We are proud to say that the MTN ecosystem has directly or indirectly created employment for more than two million people while supporting the livelihood of people across the country.”
Industry analysts view MTN’s leadership model as an instructive example of how multinational corporations can thrive while effectively integrating into their host economies.
Olatunji Ojo, a Lagos-based analyst, commented, “The quality of MTN’s local talent pool is not only deep but also diverse—both by region and gender.
They’ve built a structure where Nigerian executives are not figureheads but core strategists. MTN’s success can be linked to its deliberate approach of ensuring Nigerians lead the strategic direction of its operations in Nigeria.”
Diversity at the Core
Beyond nationality, MTN’s commitment to diversity extends to gender and professional representation. Women now constitute 41.4 percent of MTN’s workforce, with an impressive 46.7 percent representation at the executive management level.
This significantly exceeds both industry and national averages, and MTN continues to invest in women-focused leadership development programmes such as the MTN Women in Tech initiative and Y’ello Mums Internship.
Underscoring its dedication to transparent and ethical governance, MTN Nigeria was also the first telecoms company in Nigeria to achieve ISO 37301:2021 certification for corporate compliance management.
“We just want to send a clear message to stakeholders—from government to customers and regulators—that localisation, diversity, and inclusion are not just buzzwords but central to sustainable business leadership,” the company concluded.
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“As the Nigerian government intensifies calls for deeper local content across sectors, our executive structure could well become a reference point—not just for telecoms, but for multinationals in every industry operating within Africa’s largest economy.”
Oreoluwa is an accountant and a brand writer with a flair for journalism.
