GP appoints Karl Erik Broten as CFO

Dhaka,  Tue,  26 September 2017
Published : 20 Aug 2017, 21:05:41 | Updated : 20 Aug 2017, 21:05:51

GP appoints Karl Erik Broten as CFO

The Grameenphone (GP) Board has approved the appointment of Karl Erik Broten as Chief Financial Officer (CFO) of the company, effective from September 1, 2017, said a statement.

He will be replacing Dilip Pal, who will be joining DTAC, Telenor's operations in Thailand, as CFO.

Karl Erik Broten has been serving as CFO of Telenor's Malaysian operation DiGi before his appointment as the Grameenphone CFO. Earlier, he was CFO at Telenor Pakistan and Telenor Hungary (formerly, Pannon GSM). With over 20 years of experience in Telenor Group he has also held leadership positions in Telenor Norway, Telenor Business Solutions, and in Telenor-owned operations in Russia, among others.

"I'm honored to be appointed in such a vibrant organization that is providing telecommunications and digital services to 60 million people. I'm excited to join the team, which has been delivering excellent results for a long time. As the market is gearing for another leap in technology, it would be an exciting journey," said GP's incoming CFO.  

Karl holds a Degree in Business Administration based on a four year program (Siviløkonom), major area of study in International Management from Agder University College, Norway.

In addition, Mustafa Alim Aolad, Director, Financial Accounting & Reporting, has been appointed Deputy CFO. He joined Grameenphone in 2013 as Director, Corporate Finance & Treasury. He has long experience in senior positions in Banking and other financial sectors both home and abroad, including big name companies like KPMG, Barclays Bank, HSBC and AB Bank.

Welcoming both Karl and Mustafa to their respective positions, Grameenphone CEO Michael Foley said," I'm pleased to welcome Karl to Bangladesh and to the Grameenphone family. His vast experience working in Asian and European markets coupled with Aolad's expertise in Bangladesh's financial market will surely help guide us towards transforming GP into the leading digital service provider of Bangladesh."
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