Ferdi Moolman, MTN CEO Wins Businessday’s Top CEO and Next Bulls Awards

Ferdi Moolman, the chief executive officer of MTN Nigeria has been named a Top CEO  at the sixth edition of Businessday’s annual Top CEOs and Next Bulls awards.

This year’s event, organized in partnership with the Nigerian Stock Exchange (NSE) featured over 15 recipients in the category.

Moolman, who has been the CEO of MTN Nigeria since 2015, was recognised for the company’s performance in the 2020 financial year.

Ferdi is the only CEO of a telecommunication company to be recognised. While at the helm, subscriber numbers for MTN Nigeria grew by 10.5% in 2019 alone to reach 64.3 million subscribers; with revenues climbing by over 12%.

The company has committed over N22 billion to support causes in the areas of youth empowerment, education, healthcare and community development projects through the MTN foundation; while partnering with the Bank of Industry, SMEDAN and other organisations to empower Small and Medium Scale Enterprises.

Receiving the award, Moolman expressed his delight on behalf of the organisation, “It is a dream come true to not only have been listed on the Nigerian Stock Exchange last year but to also witness how the market responded to this.

“This award is not for me, but the entire MTN family. We thank you for this recognition and commit to continue leveraging on the strength of partnerships to deliver exceptional services.”

Frank Aigbogun, publisher, Businessday said that the award bestowed on Moolman and MTN Nigeria, is a testament to the resilience of their business and the stable structures put in place to keep the company running despite prevailing circumstances.

He also commended the company’s efforts in supporting vulnerable Nigerians impacted by the pandemic.

Oscar Onyeama, CEO of Nigerian Stock Exchange who delivered a keynote address says Nigerian businesses have gone from surviving a crisis to thriving in the new normal.

“Our market has remained active with listing activities worth over N1.26 trillion since March 24, 2020, as well as strong trading activities in the equities market with YTD losses moderating to -5% from -26% in March 2020,” Onyema enthused.

Some of the other winners in this category include Khaled Dokani – CEO, Lafarge Africa; Roger Thompson – CEO, Seplat Petroleum; Oyeyemika Adebayo – CEO, Cadbury Nigeria Plc and Abubakar Suleiman – CEO, Sterling Bank Plc among others.