Business

MTN’s Chief Risk and Compliance Officer resigns

The Chief Risk and Compliance Officer of MTN Nigeria Communications Plc, Mr. Cyril Ilok, has resigned his appointment with the country’s largest telecommunications firm.

The resignation takes effect from September 30, 2022.

No reason was given for the resignation.

MTN’s Company Secretary, Uto Ukpanah, disclosed this in a notification to the Nigerian Exchange Limited on Wednesday, April 20, 2022.

Ilok joined MTN Nigeria on November 4, 2002 as a Senior Internal Auditor. He rose through the ranks to his current position.

EXCLUSIVE: MTN’s Sales and Distribution Chief resigns amidst misconduct allegation

“During his 19 years plus at the company, he contributed immensely to the growth of our organisation, leading Audit and Risk Management projects that laid a sound foundation, leading to an improvement of the internal control and governance framework of MTN Nigeria.

“The Board and Management of MTN Nigeria wish Mr. Ilok the very best in his future endeavours. His successor will be announced in due course,” The Company Secretary stated.

The Chief Sales and Distribution Officer of the telco, Mr. Adekunle Adebiyi, recently resigned from the company.

The Star

Editor

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