MTN Mobile Money (U) Limited has appointed Phrase Lubega as the new Managing Director, as announced by the Board of Directors. His appointment is pending regulatory approval from the Bank of Uganda. Lubega, a Ugandan national, has significant experience in the industry, marking a return to a leadership role within the company.

MTN Nigeria has appointed Bukola Ajayi as its new Chief Information Officer (CIO). Ajayi, a long-serving technology executive, will take on this leadership role to enhance the company's technological strategies and operations.

Dr. Charles Mbire, the Chairman of MTN Uganda, will headline the inaugural SBG Securities Investor Day on June 26, 2026. This event aims to enhance local participation in Uganda's financial markets and will be streamed live on the Stanbic Uganda YouTube channel starting at 12:00 PM.

Airtel Kenya has appointed Djibril Tobe as its new managing director, taking over from Ashish Malhotra, who is departing the company. The appointment reflects a leadership change within the organization as it continues to navigate the telecommunications market.

The Nairobi Securities Exchange (NSE) has appointed Tom Mulwa as its new chairman, succeeding Kiprono Kittony, who has stepped down after six years. Mulwa, a financial services executive, will lead the exchange as it implements reforms aimed at attracting more companies, expanding retail investing, and enhancing capital formation in Kenya.

Ngumeni began his role as group CEO of Woolworths on June 1, 2026, following the retirement of Roy Bagattini, who led the company for six years. Since taking over, Ngumeni has initiated changes in the leadership structure.