Market Digest

Yasir Azman made CEO of Grameenphone

Special Correspondent

17 January, 2020 12:00 AM printer

Yasir Azman made CEO of Grameenphone

The Board of Directors of Grameenphone Limited has appointed Yasir Azman as the new CEO of the Bangladeshi operation, effective from February 1 this year.

Yasir Azman, a homegrown CEO, has served as CMO of Grameenphone since June 2015 and also as Deputy CEO of the company since May 2017, said a press release.

 Before this, Azman was Telenor Group’s Head of Distribution and eBusiness and worked across all Telenor operations.

Azman replaces current CEO Michael Foley, who is relocating to Africa, where his family is based.

 “Yasir Azman has risen through the ranks of Grameenphone and Telenor Group, and I am very pleased that he has accepted to lead our operations in Bangladesh. He is the first home-grown CEO of Grameenphone, so this moment is extra special for everyone in Telenor and in Grameenphone.

Azman has been responsible for running one of Telenor Group’s highest performing commercial organizations while also serving as deputy CEO of the company. I am confident he will continue to deliver great results in his new challenge as CEO,” says Petter-Børre Furberg, Chairman of the Board of Directors of Grameenphone.

 Michael Foley has served as CEO of Grameenphone since May 2017.

“Michael Foley has delivered strong financial results in the years he has served as CEO and led an important digital transformation of Grameenphone. I would like to take this opportunity to thank him for his valuable contributions to our Bangladeshi operation and also Telenor Group,” says Furberg.