Telenor looks to reboot with management overhaul

Telenor, Telenor Group, telecoms

Telenor has overhauled its management in an effort to cut costs and drive innovation.

The Norway-based operator’s business units will now be split into four clusters: Scandinavia, Central and Eastern Europe, Emerging Asia and Mature Asia.

There will also be two new business units: Services and Operations, and Products and Customer Interaction.

Services and Operations, headed by Ruza Sabanovic, will deal with network development and operations, core IT platforms, infrastructure and shared services.

Svein Henning Kirkeng will lead Products and Customer Interaction, which will focus on products, customer interactions and analytics.

The new regional clusters will be led by Cluster Heads who will report to the Group’s President and CEO Sigve Brekke.

Berit Svendsen will head Scandinavia, Alexandra Reich will head Central & Eastern Europe, Lars Åke Norling will head Mature Asia and Petter-Børre Furberg will head Emerging Asia.

The move follows a reorganisation in 2015 in which the business unit CEOs were included in the Group executive management.

2016 was a difficult year for Telenor, as it was hit by the corruption scandal at VimpelCom and criticised for sponsorship and ownership deals in Asia.

Another investigation into alleged financial irregularities in an unnamed market is ongoing.

[Read more: Telenor board gives CEO vote of confidence amid differences of opinion]

Meanwhile, Gunnar Sellæg, Patrik Hofbauer, Jesper Hansen, Ingeborg Øfsthus, Michael Foley, Albern Murty, Irfan Wahab Khan, Sharad Mehrotra and Lars Erik Tellmann will step down from Telenor’s Group Executive Management team.

CEO Brekke said that the move would allow the company to “continue to evolve into a more global company, leveraging economies of scale and driving innovation across Telenor.”

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