Telenor Group Today Announced CEO Changes In Its Business Units In Montenegro, Hungary, Thailand And Bangladesh

The new CEOs are:

-In Montenegro, Mrs. Kaaren Hilsen is appointed CEO of Telenor Montenegro from 18 January 2011, succeeding Mr. Christopher Laska. See local press release: www.telenor.me/eng/about_us/media_center/news

-In Hungary, Mr. Christopher Laska is appointed CEO of Telenor Hungary from 18 January 2011, succeeding Mr. Anders Jensen who has decided to leave Telenor Group. See local press release: www.telenor.hu/en/press/pressreleases/

-In Thailand, Mr. Jon Eddy Abdullah is appointed CEO of Dtac from 1 March 2011, succeeding Mr. Tore Johnsen. See local press release: www.dtac.co.th/2009/eng/news/index.php

-In Bangladesh, Mr. Tore Johnsen is appointed CEO of Grameenphone from 1 March 2011, succeeding Mr. Oddvar Hesjedal who after close to three years will return to Oslo. Hesjedal will join Telenor Group in a Senior Management position to be announced. See local press release: www.grameenphone.com/index.php?id=69

-Telenor Pakistan will announce Mr. Abdullah’s successor in due time. See local press release: www.telenor.com.pk/pressCenter/press.php

“I am very pleased with the announced appointments. Gaining experience from different markets and cultures is essential in Telenor’s leadership philosophy and to the Telenor Way of doing business. I am certain that these appointments will be beneficial both to the business units as well as to the new CEOs. I also look forward to working with Oddvar in a senior position in Telenor Group, after his great job in Grameenphone together with all the employees,” said Jon Fredrik Baksaas, President and CEO of Telenor Group.

Photos and short bios on the CEOs can be found here: www.telenor.com/en/about-us/corporate-governance/business-units

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