MTN Nigeria independent director Kola-Oyeneyin to exit board

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MTN Nigeria Communications Plc announced that Independent Non-Executive Director Eyitope Kola-Oyeneyin would exit the board effective August 31. Kola-Oyeneyin, a systems change leader and transformation expert who joined the board in December 2024, was recently appointed by the federal government to serve as Chairperson of the Nigerian Investment Promotion Commission in July. MTN Nigeria, a telecommunications provider serving over 92 million people, did not provide a specific reason for her departure in the regulatory filing.

Consequences

The departure leaves a vacancy on the MTN Nigeria board for a director with expertise in digital financial services and policy innovation. Her move to lead the Nigerian Investment Promotion Commission suggests a transition toward a focused public sector role following her tenure at the telecommunications firm.

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