Karl Toriola Biography, Age, Early Life, Family, Career, Net Worth

July 14, 2022

Karl Toriola

Karl Olutokun Toriola is a Nigerian Engineer. He is the Chief Executive Officer of the largest telecommunications provider in Nigeria, MTN and is currently one of the highest-paid CEOs in the country.

We'd be seeing Karl Olutokun Toriola's biography, date of birth, age, early life, family, education, career, net worth, houses, cars, social media handles and more.

Full Names: Karl Olutokun Toriola 
Date of birth: 16th March, 1972
Age: 50 years
Nationality: Nigerian
Education: Obafemi Awolowo University
Occupation: CEO MTN Nigeria
Salary: ₦368 million
Net Worth

Karl Toriola Biography and Educational Background

Born on the 16th of March, 1972 in Ife, Osun State, Karl Olutokun Toriola is a Nigerian Engineer. He spent most of his early life in Modakeke and had his university education at the Obafemi Awolowo University, Ile-Ife.

Upon obtaining his Bachelor's Degree, he enrolled at the prestigious University of Wales, Swansea, the United Kingdom for a Master’s degree in Communication Systems, graduating in 1996.

He also holds a certificate from the Harvard Business School, USA (2005 to 2008); Institute of Management Development (IMD), Switzerland (2006); London Business School, the United Kingdom (2009); Wharton Business School, USA (2011); and INSEAD, Singapore (2013).


Karl Olutokun Toriola started his career immediately after obtaining his Master’s degree. Prior to joining MTN Nigeria, he worked with Vmobile Nigeria; Ericsson Nigeria and AG Switzerland. He also worked with MTN Group, WECA region and MTN Cameroon.

As the MTN CEO, he is also one of the top 10 highest-paid CEOs in the country, earning about N368 million in 2021.

Asides from telecommunications, Toriola is the owner of Hill Spring Hotel in Modakeke and Ile Ife region.

Karl Olutokun Toriola is happily married with children.

Awards and Recognition

• Karl Olutokun Toriola is a Fellow of the Nigerian Society of Engineers (FNSE)
• He is a member of the Council of Registered Engineers of Nigeria (COREN) and the Institute of Directors (IoD)
• Distinguished Alumni Award, Obafemi Awolowo University, Ife.

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