Vivek Sood appointed Chief Executive Officer of Grameenphone

Vivek Sood appointed Chief Executive Officer of Grameenphone

ID: 214219

(Thomson Reuters ONE) -


(Dhaka, Bangladesh/Fornebu, Norway - 19 December 2012) Grameenphone Board of
Directors has appointed Mr. Vivek Sood (47) as the company's new Chief Executive
Officer (CEO) Mr. Vivek Sood will succeed Mr. Tore Johnsen (65) and take up his
position from 7 January 2013.

"The Board of Directors is very pleased to appoint Mr. Vivek Sood as
Grameenphone's new CEO. I am confident that his experience from one of the
world's most competitive mobile markets will benefit Grameenphone in further
developing its position as the country's leading mobile operator," said Sigve
Brekke, Executive Vice President of Telenor Group, and Chairman of the Board of
Grameenphone.

Mr. Vivek Sood comes from the position as Executive Vice President and Chief
Financial Officer (CFO) of the Indian mobile operator Uninor. With more than 42
million subscribers, Uninor is one of the fastest growing mobile operators in
India. As CFO of Uninor, Mr .Sood was responsible for setting performance
measures and achieving financial goals. His 22 year of experience also include
executive positions in companies like Tata AIG life Insurance, Hutchison
Telecom, Tupperware India and Hindustan Lever Limited (Unilever).

"Throughout my career I have always been driven by a hunger and passion to build
business. I am therefore delighted and pleased to be offered the opportunity to
head Grameenphone, the leading telecom operator in Bangladesh, and one of the
country's most recognized brands.  I look forward to working with the employees
in developing the company further to benefit customers, employees and the
Bangladeshi community," said Vivek Sood, appointed CEO of Grameenphone.

Vivek Sood will succeed Tore Johnsen who has served as CEO of Grameenphone since
March 2011. As part of a planned operational move when reaching his retirement
age (65), Tore Johnsen will extend his significant career by taking up new




challenges as Senior Vice President at the Telenor Group region Asia office in
Bangkok.  Mr. Tore Johnsen has vast and extensive experience from heading mobile
operations in 4 different Asian markets - Malaysia, Thailand, Pakistan and
Bangladesh. With his comprehensive experience, Mr. Johnsen represents a strong
and knowledgeable capability that will benefit Telenor Group's continued
development in the Asian region.

"The Board of Directors would like to thank Tore Johnsen for his dedication to
Grameenphone. Under his leadership the company has continued its good
performance,  secured renewed licenses for 15 more years of operation, and made
significant progress towards the vision of "Digital Bangladesh" by bringing
internet to masses, especially youth segment and students," said Sigve Brekke.

"I feel privileged and honored for my time as CEO of Grameenphone. During my
tenure I have had the experience of working with a competent management team and
very talented employees.  Together we have developed Grameenphone as a customer
centric company that is highly competitive and ideally positioned for future
growth. I wish Vivek all the best," said Tore Johnsen.

A photo of Mr. Sood may be downloaded here:
http://www.telenor.com/wp-content/uploads/2012/12/Vivek-Sood_03.jpg

Contacts:

Glenn Mandelid, Telenor Asa, tlf.: +66 824401122, email:
glenn.mandelid(at)telenor.com
Tor Odland, Vice President, Group Communications, Mobile: +47 9909 0872, E-mail:
tor.odland(at)telenor.com




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Telenor via Thomson Reuters ONE
[HUG#1666126]




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Datum: 19.12.2012 - 08:01 Uhr
Sprache: Deutsch
News-ID 214219
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