Karl Olutokun Toriola
Karl Olutokun Toriola
Karl Olutokun Toriola is the Vice President West and Central Africa of MTN Group and the owner of Cameroon Hotel Ile-Ife.[1]
Education
Karl obtained a B.Sc. in Electronic and Electrical Engineering from the University of Ife, Ile-Ife in 1994.
He also holds an M.Sc. in Communication Systems, University of Wales, Swansea, United Kingdom.
He is an alumnus of the Harvard Business School, USA, London Business School, UK, and the Institute of Management Development (IMD), Switzerland, and has attenCouncil of Registeredutive development programs with INSEAD and Wharton Business Schools.
He is a member of the Council of Registered Engineers of Nigeria (COREN).
He has recently been accepted as a Fellow of the Nigerian Society of Engineers.[2]
Career
He started his career in Telecoms in Ericsson Switzerland in 1995, and moved from Ericsson Switzerland to Ericsson Nigeria in 2000 and was a key part of the rollout of GSM networks in Nigeria.
He was thereafter appointed as the Chief Executive Officer of MTN Cameroon from December 2011 to March 2015.
At MTN Group Cameroon, he turned around an MTN Group Under performer to a top Performer. During his time at MTN Cameroon, he grew market share from 51% to an outstanding lead of 62%. He successfully negotiated the renewal of the license and addition of 3G, 4G, and fiber license in 2015. He also successfully negotiated the transfer of part ownership of the WACS submarine cable system to the Government of Cameroon, and led the MTN Cameroon to Investors in Gold (IIP) certification, the first subsidiary of MTN Group to secure the certification.
He is also the owner of Cameron Hotel in Ile-Ife, an hotel which is said to be the best in the ancient town.
Awards
He won the Best CTO Award(2009) and Best Network Award (2009).