Client Overview
MTN Group Fintech is the financial services arm of MTN Group and a major force in Africa’s digital economy. Through its MoMo platform, the business provides consumers, merchants and enterprises with access to digital financial services spanning payments, remittances, lending, insurance and e-commerce. MTN reports that MoMo had 67.4 million users across 14 markets in Q1 2026, with 6.3 billion transactions and US$163 billion in transaction value during the quarter.
As MTN Group Fintech continues to scale, strengthen governance, deepen market relevance and expand its platform ambitions, the quality of leadership across its subsidiaries and at Group level has become increasingly important. The organisation required directors and senior leaders who could bring a combination of financial services expertise, regulatory understanding, digital transformation experience, governance credibility and deep familiarity with African markets.
TheBoardroom Africa’s partnership with MTN Group Fintech reflects our ability to support complex, multi-market leadership needs across both board and executive levels.
TheBoardroom Africa’s Engagement
TheBoardroom Africa’s work with MTN Group Fintech began at the subsidiary level and has since expanded into a broader, multi-market partnership across the Group’s fintech ecosystem.
MTN MobileMoney Ghana: Independent Non-Executive Director Appointments
The partnership began with MTN MobileMoney Ghana, where TheBoardroom Africa was engaged to support the appointment of three independent non-executive directors.
The mandate required leaders who could bring strong governance oversight, strategic judgement and relevant expertise to one of MTN’s key fintech markets. Ghana is a critical market for mobile money and digital financial services, requiring board members who understand the intersection of financial inclusion, technology, regulation, consumer trust and scale.
TheBoardroom Africa successfully supported the appointment of:
- Selma Ribica — Independent Non-Executive Director
- Bashirat Odunewu — Independent Non-Executive Director
- Victoria Bright — Independent Non-Executive Director
These appointments strengthened the board’s independent oversight and brought additional depth across fintech, financial services, governance, legal, regulatory and market-relevant expertise.
TN Mobile Money Benin: Board Appointments
Following the successful engagement in Ghana, MTN Group Fintech once again turned to TheBoardroom Africa to support board appointments for another subsidiary, MTN Mobile Money Benin.
This search required candidates with the judgment, regional understanding and governance experience needed to support a fintech business operating in a Francophone West African market. TheBoardroom Africa’s ability to access diverse leadership talent across linguistic, geographic and sector boundaries was central to the mandate.
TheBoardroom Africa facilitated the appointment of:
- Benjamin Kouakou
- Nana Akyaa Amoah
These appointments further demonstrated TheBoardroom Africa’s capacity to deliver high-calibre board talent across different African markets, while responding to the specific governance and strategic needs of each subsidiary.
MTN Group Fintech: Group-Level Board Appointments
Building on the success of the subsidiary-level engagements, TheBoardroom Africa’s partnership with MTN Group Fintech expanded to the Group level.
At this stage, the mandate required leaders with the stature, strategic perspective and sector experience to contribute to the governance of a pan-African fintech platform operating at a significant scale. MTN Group Fintech’s ambition to grow as a leading digital financial services platform required board members who could contribute to platform strategy, market expansion, innovation, risk oversight and long-term value creation.
TheBoardroom Africa supported the appointment of:
- James Scott
- Aiaze Mitha
These Group-level appointments reflected the growing trust between MTN Group Fintech and TheBoardroom Africa, as well as our ability to identify leaders suited not only to national subsidiary boards but also to complex regional and Group-level governance environments.
Strategic C-Suite Searches in Key Markets
The partnership has now evolved beyond board appointments. TheBoardroom Africa is currently supporting MTN Group Fintech on two strategic C-suite searches in key markets.
These mandates mark a further deepening of the relationship and demonstrate MTN Group Fintech’s confidence in TheBoardroom Africa’s ability to deliver leadership talent for business-critical executive roles. As MTN Group Fintech continues to scale its platform, strengthen market execution and deepen its impact across Africa, these C-suite appointments will be central to the organisation’s next phase of growth.
Outcomes and Impact
TheBoardroom Africa’s partnership with MTN Group Fintech has supported the development of stronger, more diverse and market-relevant leadership across multiple levels of the organisation.
Through seven board appointments across MTN MobileMoney Ghana, MTN Mobile Money Benin and MTN Group Fintech, TheBoardroom Africa has helped strengthen governance across both subsidiary and Group structures. The appointments have brought additional independence, sector expertise, regional insight and strategic oversight to a fast-scaling fintech business operating across complex African markets.
The progression of the partnership, from one subsidiary board, to another market, to Group-level appointments, and now to strategic C-suite searches, reflects the trust built through delivery. It also demonstrates TheBoardroom Africa’s ability to support clients over time as their leadership needs evolve, providing access to exceptional talent across jurisdictions, sectors and leadership levels.
For MTN Group Fintech, these appointments support the broader ambition of building a resilient, well-governed and high-performing fintech platform capable of advancing financial inclusion, digital payments and economic participation across Africa.
Conclusion
TheBoardroom Africa’s work with MTN Group Fintech exemplifies our ability to deliver leadership talent for organisations operating at the centre of Africa’s digital transformation.
From MTN MobileMoney Ghana to MTN Mobile Money Benin and MTN Group Fintech at Group level, each engagement has required a nuanced understanding of governance, fintech, regulation, market context and leadership fit. The expansion of the partnership into strategic C-suite searches further reflects TheBoardroom Africa’s role as a trusted leadership partner for organisations seeking to scale across Africa.
As MTN Group Fintech continues to shape the future of digital financial services on the continent, TheBoardroom Africa is proud to support its leadership journey by connecting the organisation with exceptional board and executive talent capable of driving growth, governance and long-term impact.