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MTN Group names new Chief Risk Officer for Fintech

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MTN Group has announced the appointment of Riaan Wessels as Chief Risk Officer for its Fintech business with effect from 1 July 2022.

According to a company statement, Wessels has 13 years of experience at MTN, having first joined the company in 2004, as General Manager: Business Risk Management and returned in 2017 as Group Executive: Risk and Compliance.

Commenting on the appointment, MTN Group, Chief Fintech Officer, Serigne Dioum said, “As Chief Risk Officer: Fintech, Riaan will continue to add immense value at MTN by effectively managing risk exposures to the business and ensuring robust processes and controls.”

MTN says, over the past 20 years, Wessels has implemented complex programmes at multinational companies in the technology and telecommunications industries. This includes leading large risk management, compliance and internal audit teams across operating environments in the Middle East and Africa.

Wessels holds a BComm Honours degree from the University of Free State in Accounting, Auditing and Tax and a Postgraduate diploma in Business Leadership from GIBS.

He is also a Board member of MTN Rwanda and MTN Côte d’Ivoire as well as Member and Chairman of the Board of MTN Guinea Conakry.

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