Michael Foley appointed CEO of Grameenphone

Michael Foley appointed CEO of Grameenphone

The Grameenphone board of directors has appointed Michael Foley as the company's chief executive officer (CEO), effective from 26 May 2017.

"I am very pleased that Michael is taking on the challenge of leading Grameenphone through the next phases of digitisation in Bangladesh. Grameenphone is on a strong trajectory and it will be Michael's job to ensure continuity to the current direction together with all the employees in Bangladesh," said Sigve Brekke, president and CEO of Telenor Group.

Commenting on his appointment, Foley said: "I am honoured and excited to become part of Grameenphone at a time when connectivity and digitisation is transforming Bangladesh. I hope to bring learnings from other markets and further strengthen GP's position as a leader in digital services.”

Foley, who joined Telenor Group in 2014, was most recently the CEO of Telenor Bulgaria. Prior to that, he served as CEO of Telenor Pakistan. He has more than 30 years’ sales, marketing and operational experience in the telecom, retail and gaming sectors from both advanced and growth markets.

Sasa Filiopovic, currently the chief marketing officer (CMO) in Telenor Bulgaria, will serve as interim CEO whilst a recruitment process has been initiated to fill the vacant CEO position.

In other news, Christopher Laska will step down as chairman of the Grameenphone board of directors and continue in his role as senior vice president for board governance and partnership relations in Asia. Petter-B. Furberg, who has served as interim CEO of Grameenphone since October 2016, will now chair the board and will continue as head of the emerging markets cluster in Asia. He also remains on the Telenor Group's executive management team.

The announced changes will be effective as of 26 May 2017.

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