Tele2 has appointed Stina Andersson as Executive Vice President of Strategy and Business Development, in charge of business planning as well as the Swedish operator’s IoT division.

Andersson joins from Swedish investment firm Kinnevik, Tele2’s largest shareholder, where she spent five years, most recently as Investment Director. She has also worked at McKinsey and Credit Suisse.

Andersson will report to Allison Kirkby, President and CEO at Tele2, when she starts work next month.

Kirkby said: “I am both proud and excited to have recruited such a great talent to Tele2 and our Leadership Team.

"Stina has exactly the qualities and experience we are looking for in this role, having delivered great results in her previous positions at Kinnevik and McKinsey.

"I am also delighted to have been able to leverage the strength of the Kinnevik talent pool to fill this important position for Tele2."

Andersson said: “I am thrilled to be joining Tele2 and feel that the Tele2 culture and values correspond very well with my approach and way of working.

"I look forward to drive the Strategy & Business Development agenda together with Allison and the Leadership Team.”

Tele2 has been busy in the IoT market in recent months.

It acquired Sweden-based security business Kombridge to boost its offering towards the end of the summer.

In May, Tele2 and IBM have unveiled an IoT Starter Kit for the enterprise market, and announced plans to build a LoRa network in the city of Gothenberg, offering low bandwidth and long battery life applications to enterprise customers.

It also has a partnership with Sisteer to win more of the IoT market in France.

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