MTN fortifies fintech business with key appointments

MTN Group has appointed Andrew Goodrich as executive for banktech, as the Pan-African mobile operator boosts its fintech endeavours.

To achieve this, the telco has set the second quarter of the 2022 financial year as the deadline to spin-off its lucrative fintech unit and intends to tap into Goodrich’s years of experience in the financial services sector. “We are delighted to welcome Andrew into his new role within the group fintech team. Andrew is no stranger to MTN and his wealth of experience in the financial sector will ensure we continue to make a meaningful contribution, as we drive our financial inclusion ambitions on the continent.”

Pennington, who was with Millicom until March, holds a BA Economics from the University of Manchester and he is also a Chartered Institute of Bankers associate.MTN says: “He played an instrumental role in Millicom’s transformation into a leading provider of fixed and mobile broadband services. Under his leadership as CFO, the company successfully accomplished several key projects, including Millicom’s exit from Africa, its Nasdaq listing in the US and the acquisition of various operations.

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