UACN Appoints Mr. Karl Olutokun Toriola As Non-Executive Director


Friday, January 10, 2020 / 10:20 AM / NSE / Header Image Credit:

The Board of Directors of UAC of Nigeria PLC ("UAC" or the "Company") wishes to announce the appointment of Mr. Karl Olutokun Toriola as a Non- Executive Director of the Company with effect from 1st January, 2020.

Karl is the Vice President, West and Central Africa for the MTN Group, with responsibility for operations in the West and Central African region.

Karl's prior roles in executive leadership include serving as Group Operations Executive for MTN Group, Chief Executive Officer for MTN Cameroon; Chief Technical Officer ("CTO") for MTN Nigeria (where he won the Best CTO Award in 2009); Chief Operations/Regions Officer for Vmobile Nigeria; and Support Manager, West African region for L.M. Ericsson Nigeria Ltd.

His past experience in a non-executive capacity on boards of directors include serving as Chairman, MTN/Areeba Guinea, Non-Executive Director, Jumia Africa; Non-Executive Director, American Towers Uganda, Non-Executive Director, MTN subsidiaries in Francophone West Africa.

Karl holds a Masters of Science degree in Communication Systems from Swansea University, United Kingdom and Bachelor of Science (B.Sc. Hons.) degree in Electronic and Electrical Engineering from the Obafemi Awolowo University, Ile-Ife, Nigeria. He is a Fellow of the Nigerian Society of Engineers and a member of the Council of Registered Engineers of Nigeria. He is an alumnus of London Business School, Harvard Business school, Institute of Management Development (IMD.) Switzerland, among others.

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