Karl Toriola

Karl Toriola Biography, Career, Net Worth, Age, Wife, Parents

Karl Toriola (Born 16 March, 1972) is the chief executive officer (CEO) of MTN Nigeria and also a board member of Jumia And UAC Foods in Nigeria, we will start discussing about Karl Toriola Biography, Net Worth, Age, Family, Career, Wife And Many More.


Facts & Bio

Full Name: Tundun Olukotun Abiola
Gender: Male
Date Of Birth: 16 March, 1972 (age 52)
Net Worth: USD$8 million (₦3,400,499,384)
Height: 1.69 m
Nationality: Nigerian
Origin: Ile-Ife, Osun State
Profession: CEO, Businessman.


Karl Toriola Biography

Who is Karl Toriola?

he is the current CEO of MTN Nigeria, Karl was recognised by Bloomberg as of the top CEO in Africa in general, he is also part of the most popular business executives in the country Nigeria.

As the MTN CEO, he is also one of the top 10 highest-paid CEOs in the country, earning over NGN 400 million in 2021 alone, Seeing as the sale of MTN shares to Nigerianis happening under his watch, let’s get to know his Net Worth in 2022.

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He is also a member of the Nigerian Society of Engineers (FNSE) as well as a member of the Council of Registered Engineers of Nigeria (COREN) and the Institute of Directors (IoD).



He is a good leader with great business ideas, as his precedents have shown, It would seem that results from previous positions were always the reason behind other job roles he got As CEO of MTN Cameroon, he raised the company’s market share from 51% to 62% to emerge top telecommunication firm in Cameroon.

He also negotiated the addition of 3G and 4G networks, fibre license and the transfer of part ownership of the WACS submarine cable system to the Government of Cameroon.

Toriola made MTN Cameroon the first subsidiary of MTN Group to secure the Investors in People (IIP) Gold certification.


In 2015, He became Group Operating Executive of MTN Group, He oversaw the MTN Subsidiaries in 12 countries and was eventually promoted to Vice President, West and Central Africa for MTN Group in just a year.

He was announced as Ferdinand Moolman’s successor in October 2020 and resumed the position as CEO MTN Nigeria in 2021.



He acquired his primary and secondary school certificate with good grades and he proceed to Obafemi Awolowo University to earned his Bachelor’s degree in Electronic and Electrical Engineering in 1994.

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After He finished, he moved to the University of Wales, Swansea, the United Kingdom for a Master’s degree in Communication Systems and graduated in 1996, He started his career right away, but would later return to some other educational pursuits.

Toriola attended Harvard Business School, USA from 2005 to 2008; Institute of Management Development (IMD), Switzerland in 2006; London Business School, the United Kingdom in 2009; Wharton Business School, USA in 2011; and INSEAD, Singapore in 2013.


Karl Toriola Net Worth

He is one of the top paid CEO in Nigeria with over $1million annual salary, Toriola has a net worth of $8 million as of year 2022.



Toriola was born on 16th Of March, 1972, he is 50 years old As of year 2022.


Karl Toriola Family

Karl Toriola Parents

His parents name is Mr Toriola and Mrs Toriola,his father was a formal doctor at Obafemi Awolowo University.


Karl Toriola Hometown

He was born in Ile-Ife, Osun state, Nigeria.




Read, Relax, And Enjoy! ❤️

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