Telenor appoints New CEOs in Bulgaria and Pakistan
(Thomson Reuters ONE) -
(Fornebu 14 June 2016) Telenor Group has today appointed Michael Foley as Chief
Executive Officer (CEO) of Telenor Bulgaria and Irfan Wahab Khan as CEO of
Telenor Pakistan. The new appointments will be effective from 1 August 2016, and
both Foley and Khan will be members of the Group Executive Management team.
"I am pleased that Michael Foley will take responsibility for his second
operation since joining Telenor Group and that Irfan Wahab Khan will take the
helm at Telenor Pakistan. With these appointments we utilize our executives
competence and knowledge across different markets and functions,'' says Sigve
Brekke, President and CEO of Telenor Group.
Michael Foley joined Telenor in July 2014 when he was appointed CEO of Telenor
Pakistan. Mr. Foley has more than 30 years of sales, marketing and operational
experience in the telecom and retail sectors from both advanced and growth
markets. He has lived and worked in more than 11 countries, including previous
experience from Bulgaria, where he held a leadership role in the telecom
industry from 2004 to 2005.
"I am proud of what we as a team have achieved in Pakistan. Irfan Wahab Khan
will do an excellent job at taking the helm and I wish him and the organization
the very best for the future. I am now looking forward to getting to know the
business and team in Bulgaria and to show our customers the benefits of
Telenor's services and products and the power of digitalization,'' says Michael
Foley.
Michael Foley will continue as Chairman of the Board of Directors of Tameer
Microfinance Bank in Pakistan.
Mr. Irfan Khan comes from the position of Deputy CEO and Chief Marketing Officer
(CMO) of Telenor Pakistan. He has been with Telenor for 12 years and was the
first employee in Telenor Pakistan when he started as Executive Vice President
and Head of Corporate Affairs Division in 2004. Since then he has served in
various positions within Telenor Group both in Asia and Europe, including Vice
President Devices and Vice President and Head of Asia Distribution. Mr. Khan is
also a Board Member of Tameer Microfinance Bank.
"I am humbled to lead and serve one of the most innovative and progressive
companies in Pakistan which is well on the way to transform lives of millions of
people by spreading benefits of digital and financial inclusion. With its
dedicated and committed employees, I have no doubt that Telenor Pakistan will
keep on creating value for its customers and shareholders,'' says Irfan Wahab
Khan.
Stein Erik Vellan, the current CEO of Telenor Bulgaria, will take on the role as
Senior Vice President and Head of Group Corporate Support in Telenor Group. Mr.
Vellan has been CEO of Telenor's operations in Bulgaria since 2013 when Telenor
acquired the mobile operator Globul. During his tenure the company has gone
through a complete turn-around, including the rebranding to Telenor Bulgaria,
roll-out of 4G services and establishing itself as a leader in terms of customer
preference, profitability and mobile revenues. After the completion of his
three year contract in Bulgaria, Mr. Vellan will step down as a member of
Telenor Group's Executive Management.
Contact
Glenn Mandelid
Head of Media Relations
Telenor Group
Mobile: +47 92 66 13 00
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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 GlobeNewswire
[HUG#2020292]
Unternehmensinformation / Kurzprofil:
Datum: 14.06.2016 - 08:00 Uhr
Sprache: Deutsch
News-ID 477466
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