Independent Non-Executive Director

Appointed: 1 August 2022 

Board Responsibilities: 
Chairman of the Finance and Investment Committee. 
Member of the Audit Committee, the Risk Management and Compliance Committee, and the Board Strategy Execution Committee. 

Professional Background: 
Tim Pennington is an experienced finance executive with a strong background in corporate finance, telecommunications and mergers and acquisitions. Before joining MTN, he held senior financial leadership roles at major international telecommunications companies, including Chief Financial Officer of Millicom, Chief Financial Officer at Cable & Wireless Communications plc, and Group Finance Director for Cable & Wireless plc. 

Earlier in his career, Tim served as Chief Financial Officer of Hutchison Telecom International and Finance Director at Hutchison 3G (UK), the British mobile business of Hutchison Whampoa. He also brings investment banking experience from his time as a director at Samuel Montagu & Co. Limited and as Managing Director at HSBC Investment Bank within its Corporate Finance and Advisory Department. 

He serves on the Boards of various MTN Group subsidiaries, including MTN Nigeria. 

Qualifications: Tim holds a Bachelor of Arts (Honours) degree in Economics and Social Studies from the University of Manchester.