Michael Foley new CEO of GP
Publish : 08 May 2017, 11:13
The Grameenphone Board of Directors has appointed Michael Foley as the company’s Chief Executive Officer (CEO).
The company also appointed Yasir Azman as Deputy CEO, Grameenphone said in a press release.
Azman will remain as Chief Marketing Officer (CMO), while taking on extended responsibilities for the digital and commercial strategy within GP and Telenor’s Emerging Asia Cluster.
Petter-B Furberg, who has served as interim CEO since October 2016, will remain with Grameenphone as the chairman of Grameenphone’s Board of Directors.
The announcements were made following the 177th Board Meeting held on Sunday.
The changes will be effective from May 26.
“I am very pleased that Michael is taking on the challenge of leading Grameenphone through the next phases of digitisation in Bangladesh,” said Sigve Brekke, President & CEO of Telenor Group.
He further said: “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.”
Foley, a Canadian by birth, has been with Telenor Group since 2014, most recently as the CEO of Telenor Bulgaria. Prior to that, he served as the CEO of Telenor Pakistan.
He has more than 30 years of sales, marketing and operational experience in the telecom, retail and gaming sectors from both advanced and growth markets. He is a Graduate of McGill University in Montreal with BA in Organisational Psychology.
“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 said.