MTN Nigeria appoints Modupe Kadri as Executive Director and CFO

MTN Nigeria has announced the appointment of Modupe Kadri as its Executive Director (ED) and Chief Financial Officer (CFO). He replaces Adekunle Awobodu as CFO; whose intended departure was announced in July 2019.

In a release issued by the company, MTN Nigeria expressed its appreciation to Adekunle Awobodu, its erstwhile CFO, for his commitment and valued service to the Company.

It further stated that Awobodu’s dedication, extensive knowledge, financial expertise and experience across MTN Group earned him great respect.

Modupe Kadri, the new ED/CFO, is an alumnus of the University of Lagos with both Master’s and Bachelor’s degrees in Management and Economics, respectively. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and the Association of Chartered Certified Accountants (ACCA).

A seasoned executive, he re-joins MTN Nigeria from MTN Ghana where he served as CFO for five years. With a track record of financial expertise and operational leadership, he brings extensive experience to the role, having worked in the Financial Services and Telecommunications industry for three decades.

The company added that Kadri’s appointment further demonstrates its commitment to building local talent and underscores the strength of its leadership development strategy.

Kadri, as the release details, began his professional career with PricewaterhouseCoopers, where he worked for 10 years. In 2002, he joined Allied Pickfords in London as the Group Reporting Manager following which he moved to Lafarge Nigeria where he took up the role of Internal Audit Manager in 2003. In 2005, he was appointed Finance Controller.

He joined MTN Nigeria in 2007, as the General Manager, Finance Operations; and in 2013, was appointed the General Manager, Financial Planning, following which he went on to serve as acting CFO of MTN Nigeria for three months in 2014, after which he assumed the role of CFO, MTN Ghana.

Modupe Kadri is accustomed to translating business objectives into powerful results and led several business-critical projects as CFO in Ghana.

Recognised for his exceptional leadership, Kadri received the Ghana Telecoms CFO of the Year Award four times – in 2015, 2016, 2018 and 2019.

His appointment as Executive Director and CFO, MTN Nigeria Communications Plc will take effect from March 1, 2020.

The company added that in the interim Omolora Michael-Nwadu would serve as acting CFO. With over 19 years’ work experience in banking and telecoms, Omolara who is currently the General Manager, Financial Planning joined MTN Nigeria in 2002 as a Management Accountant in the Finance Division. She holds a Bachelor’s degree in Accounting from the University of Lagos and is a Chartered Global Management Accountant (CGMA) of the Association of international Chartered Professional Accountants (AICPA). Omolara is also an Associate of the Institute of Chartered Accountants of Nigeria (ICAN).