TELNY Telenor ASA (QX)

By Dominic Chopping

Telenor said Tuesday that it has named a new chief technology officer as part of a series of leadership appointments as it continues to execute its strategy toward 2025, including structural partnerships and initiatives in Asia.

The Norwegian telecommunications provider said Amol Phadke is appointed chief technology officer and will be responsible for setting Telenor's overall technology strategy and research & innovation ambitions. He will also be responsible for the group security strategy and chair the Telenor procurement company. Phadke joins Telenor from Google Cloud, where he was the global general manager for the telecom industry, and will start Sept. 1.

The current CTO, Ruza Sabanovic, will be the subject of another announcement in due course, Telenor added.

Meanwhile, Jorgen C. Arentz Rostrup is appointed head of Telenor Nordics and Petter-Borre Furberg is appointed head of Telenor Asia.

Former Telenor Chief Financial Officer Rostrup has worked for the company in Asia over the last three years but will now return to the Nordics to drive the transformation needed to reach targets on profitable growth and pan-Nordic synergies, it said.

Furberg has previously served as chief executive of Telenor Norway and headed Telenor Nordics and has also spent 15 years in various roles in Asia, it added.

Rostrup and Furberg will assume their positions on Oct. 1.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

August 22, 2023 04:02 ET (08:02 GMT)

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