Michael Foley appointed CEO of Grameenphone
(Thomson Reuters ONE) -
(Dhaka, 8 May 2017)The Grameenphone Board of Directors has appointed Mr. Michael
Foley as the company's Chief Executive Officer (CEO), effective from 26 May,
2017.
"I am very pleased that Michael is taking on the challenge of leading
Grameenphone through the next phases of digitisation in Bangladesh. Grameenphone
is on a strong trajectory and it will be Michael's job to ensure continuity to
the current direction together with all the employees in Bangladesh," said Sigve
Brekke, President & CEO of Telenor Group.
Mr. Foley (56) has been with Telenor Group since 2014, most recently as the CEO
of Telenor Bulgaria. Prior to that, he served as CEO of Telenor Pakistan. He has
more than 30 years of sales, marketing and operational experience in the
telecom, retail and gaming sectors from both advanced and growth markets. He is
a Graduate of McGill University in Montreal with a BA in Organisational
Psychology.
"I am honoured and excited to become part of Grameenphone at a time when
connectivity and digitisation is transforming Bangladesh. I hope to bring
learnings from other markets and further strengthen GP's position as a leader in
digital services," said Foley.
A recruitment process has been initiated to fill the vacant CEO position in
Telenor Bulgaria. In the meantime, Mr. Sasa Filiopovic, currently the Chief
Marketing Officer (CMO) in Telenor Bulgaria, will serve as interim CEO.
Mr. Petter-B. Furberg, who has served as interim CEO of Grameenphone since
October 2016, has been appointed Chairman of the Grameenphone Board of Directors
and will continue as Head of the Emerging Markets Cluster in Asia. He also
remains on the Telenor Group's Executive Management Team.
Mr. Christopher Laska will step down as Chairman of the Grameenphone Board of
Directors and continue in his role as Senior Vice President for Board Governance
and Partnership Relations in Asia.
Grameenphone is the largest mobile telecommunications operator in Bangladesh in
terms of revenue, coverage and subscriber base, with 59 million connections (as
of Q1 2017).
The announced changes will be effective as of 26 May, 2017.
Contact:
Marcus Adaktusson
VP Communications, Region Asia
Telenor Group
Mobile: +65 9879 5730
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Telenor via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 08.05.2017 - 04:08 Uhr
Sprache: Deutsch
News-ID 540724
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"Michael Foley appointed CEO of Grameenphone"
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