The development was disclosed in a regulatory filing submitted to Nigerian Exchange Limited and signed by the company secretary, Uto Ukpanah. According to the notice, Mroue’s resignation took effect on February 27, 2026.
In the statement, the telecom operator explained that the move would allow Mroue to concentrate on other responsibilities within MTN Group Limited.
“MTN Nigeria Communications Plc hereby notifies the Nigerian Exchange Limited and the investing public of the exit of Mr. Mazen Mroue, a Non-Executive Director, effective 27 February 2026,” the statement said.
The company added that the board expressed gratitude for his contributions during his tenure and wished him success in his future assignments within the broader MTN Group.
Tenure on the Board
Mroue joined the board of MTN Nigeria as a non-executive director on June 1, 2022. Over the years, he has held several senior leadership roles across the MTN network of companies.
His experience includes serving as Chief Executive Officer of MTN Uganda and MTN Liberia. He has also worked in leadership capacities at MTN Ghana and served as a non-executive director of MTN Cyprus.
In February 2022, he was appointed Group Chief Technology and Information Officer at MTN Group, a role that involves overseeing the company’s technology strategy, governance, and implementation across its markets.
Before that appointment, Mroue served as Chief Operating Officer of MTN Nigeria between August 2018 and January 31, 2022. During that period, he also sat on the board of the MTN Nigeria Foundation.
Extensive Industry Experience
Mroue began his professional career in 1996 as a systems engineer before joining MTN Group in 1998. Over nearly three decades, he has built extensive experience in telecommunications, information technology, digital services, and mobile financial services across Africa, the Middle East, and Europe.
His career within the MTN ecosystem spans more than 28 years of senior management and strategic leadership roles.
Strong Financial Recovery
The board change comes shortly after MTN Nigeria reported a significant rebound in its financial performance. Last month, the company released its audited financial results for 2025, showing a major turnaround.
MTN Nigeria recorded a profit before tax of N1.70 trillion for the year ended December 2025, compared with a pre-tax loss of N550.3 billion in 2024. The recovery was largely attributed to reduced foreign exchange pressures after the heavy currency-related losses the company faced in the previous year.
The improved performance marks one of the strongest earnings rebounds in the history of MTN Nigeria and signals renewed momentum for the telecom giant as it continues to expand its digital and connectivity services across the country.