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Telenor ASA Board/Management Information 2016

Oct 19, 2016

3773_rns_2016-10-19_f3b83278-d371-4e0f-b4d6-1b00988da4fe.html

Board/Management Information

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Petter-B. Furberg appointed CEO of Grameenphone

Petter-B. Furberg appointed CEO of Grameenphone

The Grameenphone Board of Directors has appointed Mr.

Petter-B. Furberg (49) as the company's interim Chief

Executive Officer (CEO), effective from 1 November 2016. In

his new role, Furberg will also serve as member of Telenor

Group's Executive Management.

Furberg is the Senior Vice President Telenor Digital

Businesses, based in Bangkok. Prior to his current role,

Furberg served as CEO of Telenor Myanmar for three years.

Since joining Telenor in 1998, he has held a number of

executive positions, including Chief Financial Officer and

Chief Marketing Officer of dtac, Thailand, and Head of

Financial Services at Telenor Group.

Furberg will replace Rajeev Sethi who will pursue new

opportunities. Sethi has been CEO of Grameenphone since

November 2014.

Grameenphone, part of the Telenor Group, is the largest

mobile telecommunications operator in Bangladesh in terms of

revenue, coverage and subscriber base. Grameenphone is

stock-listed at the Dhaka and Chittagong Stock Exchanges in

Bangladesh.

Furberg holds a degree in economics and business

administration based on a four year programme (Siviløkonom)

from the Norwegian School of Economics and is a Certified

European Financial Analyst (AFA/CEFA).

The Grameenphone Board of Directors will now initiate a

process to identify a permanent solution for the CEO

position.