CEO, Telenor Pakistan, Moves On!

Telenor Pakistan today announced that its CEO, Jon Eddy Abdullah, is set to leave the company on March 1st.

Jon has been appointed CEO of the Telenor Group’s Thai mobile operator DTAC.

“I am very pleased with Jon’s achievements as CEO of Telenor Pakistan. Under his leadership the company has strengthened its position as a leading mobile operator, launched several innovative services like easypaisa, and taken a clear position on corporate responsibility”, said Sigve Brekke, Executive Vice President of Telenor Group, and head of Telenor’s Asian Operations.

“I am excited that the Telenor Group will continue to benefit from his vast telecommunication experience and his knowledge about Asia in another of our Asian markets”.

“Even though I am thrilled to take up new challenges, I have to admit that leaving Telenor Pakistan will not be easy. My period here has been very rewarding, and I will take many fond memories with me. In Telenor Pakistan I have had the privilege of working with a highly qualified and dedicated team that has continuously focused on developing services that benefit our customers. The company has experienced fantastic growth since it was established in 2005, and I believe it is well positioned for the future”, said Jon Eddy Abdullah

Telenor Group is a global provider of communication services with operations in 12 markets. In Asia the Telenor Group has more than 95 million customers, and operations in Bangladesh, India, Malaysia, Pakistan and Thailand. Jon has been CEO of Telenor Pakistan since August 2008.

Jon will succeed Tore Johnsen who has been appointed new CEO of Grameenphone, the leading mobile operator in Bangladesh. Tore Johnsen previously served as CEO of Telenor Pakistan.

Telenor Pakistan has already started the process of finding a new Chief Executive Officer to succeed Jon.

Through our source, we got the email that Jon sent to Telenor employees today. Jon said that company grew from 18 million to 25 million subscribers, revenue from Rs. 50 billion to Rs.65 billion, EBITDA from 19% to 30%.  2010 become the first year we became operationally profitable. He separately thanked all the departments for making this possible.

Telenor has also announced major reshuffle in their top level management.