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Business News of Sunday, 12 January 2020

Source: www.mynigeria.com

UAC appoints Non-Executive Director

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Karl Toriola has been appointed a Non-Executive Director of UAC of Nigeria Plc.

According to a statement from the Nigerian Stock Exchange, his appointment is effective January 1st, 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.