MTN executive exits said to intensify amid Nigeria crisis

MTN Group is set to lose another high-ranking executive over the next few months, according to people familiar with the matter, as Africa’s largest wireless carrier by sales fights more than $10-billion of claims in its largest market of Nigeria. Chief Innovation Officer Herman Singh is expected to leave imminently, and will move on to start his own tech venture, said the people, who asked not to be identified as the information hasn’t been made public. The exit will come as Chief Technology Officer Babak Fouladi prepares to join Dutch telecommunications firm KPN in a similar role next week.