Telenor ASA — Board/Management Information 2016

Jul 5, 2016

Lars Erik Tellmann appointed new CEO of Telenor Myanmar

Lars Erik Tellmann appointed new CEO of Telenor Myanmar

Telenor Group has appointed Lars Erik Tellmann (44) as Chief

Executive Officer (CEO) of Telenor Myanmar, effective 1

August 2016. Tellmann is currently Chief Financial Officer

(CFO) in the same company. As part of this change, Tellmann

will also join Telenor's Group Executive Management. He will

succeed Petter Furberg who will take a new position in

Telenor Digital Businesses in Asia supporting business

development within Online Classifieds & Market places and

Consumer services.

"Lars Erik has been part of the founding management team in

Myanmar, and has played a central role in the operations and

development of the company over the past three years. I am

confident that in him Telenor has an experienced leader to

drive the next phase of our growth, and to further develop

our strong company culture and way of work," says Sigve

Brekke, President and CEO of Telenor Group.

Tellmann has been CFO at Telenor Myanmar since July 2013.

Prior to this he was Senior Vice President and Head of

Strategic Development in Telenor Asia. Tellmann has also

served as Director and Board Member in a number of Telenor's

publicly listed mobile companies in the region. He joined

Telenor in 2001, and has served Telenor Group in South-East

Asia for over eight years. Tellmann holds a Master of

Science in Business (M.Sc.) from University of Nordland

(UIN) and a Master in Business Administration (MBA) from

Heriot-Watt University.

"Heading Telenor in Myanmar is an honour and privilege for

me. Our industry has had a major impact on Myanmar over the

last two years, and will continue to play a significant role

in supporting the growth of the country in coming years.

Telenor has a solid market and network presence in Myanmar

and with a proven strategy and business model we are well

set-up for future growth. My job will be to deliver on this

strategy alongside a talented leadership team, and a highly

passionate group of colleagues," says Lars Erik Tellmann,

newly appointed CEO of Telenor Myanmar.

Lars Erik Tellmann will succeed Petter Furberg who has

headed Telenor Myanmar since July 2013, when Telenor

established its operations in Myanmar. Petter will take a

new position in Telenor Digital Businesses in Asia

supporting business development within Online Classifieds &

Market places and Consumer services.

"I wish to express our deepest thanks to Petter for his

leadership over the past three years. Telenor Myanmar today

stands among the brightest success stories for the Group.

Under Petter's guidance, Telenor has established itself as a

preferred mass market operator in Myanmar. He hands over a

company with a clear vision, a well-established strategy,

and a strong foundation for future growth," says Sigve

Brekke.