Telenor ASA — Board/Management Information 2018

Jun 19, 2018

Changes to Telenor Group's Executive Management and new CEOs in Thailand and Myanmar

Changes to Telenor Group's Executive Management and new CEOs in Thailand and Myanmar

Telenor today announces changes to the Group Executive Management, management changes in Asia, and changes in the Group staff functions.

Changes to Group Executive Management

Albern Murty, the CEO of Digi in Malaysia, will join Telenor Group's Executive Management team as responsible for the Developed Asia cluster. Murty will retain his CEO position in Digi and oversee Telenor's operations in Thailand and Malaysia, effective as of 1 August 2018.

Wenche Agerup, currently Head of Corporate Affairs and member of Telenor Group's Executive Management, will head up a new unit called Group Holdings, which will be responsible for strengthening the follow-up and development of Telenor's investments in digital growth areas, telco-adjacent businesses and other areas like real estate and global wholesale. Agerup will enter her new role from 1 July 2018 and will report to Group CFO. The process to find a new Head of Corporate Affairs is ongoing. In the interim, Håkon Bruaset Kjøl, SVP and Head of Public and Regulatory Affairs will be acting Head of Corporate Affairs.

New CEOs in Thailand and Myanmar

The Board of Directors of dtac, Telenor's Thai subsidiary, has appointed Alexandra Reich as new CEO of dtac, replacing Lars Åke Norling who has already accepted a position outside Telenor Group. Reich joined Telenor Group in November 2016, and currently serves as CEO of Telenor Hungary and Head of Telenor Group's Central & Eastern European operations. She will take up her new position in dtac prior to the end of the current CEO's tenure.

Sharad Mehrotra has been appointed CEO of Telenor Myanmar. Mehrotra joined Telenor in 2008 and has served in senior management positions in India and Myanmar, most recently as CEO of Telenor India. Mehrotra replaces Lars Erik Tellman, who has been appointed to a senior position in Telenor's Emerging Asia cluster supporting management, partnerships and business development of the cluster. The change is effective as of 1 August 2018.

New General Counsel

Siri Birgitte Bang Berge, currently Head of Group Legal, has been appointed General Counsel with immediate effect, and will report directly to the Group CEO. The General Counsel position was previously held by Wenche Agerup.