Group Executive Management

The Chief Executive Officer (CEO) is in charge of the day-to-day management of the Telenor Group. The Group Executive Management consists of heads of key business areas and business units in Telenor. The CEO also leads the Group Executive Committee, a smaller group that is responsible for ensuring coordination with the Board of Directors, securing end-to-end execution in Group functional areas and managing day-to-day business.

Sigve Brekke

President and Chief Executive Officer (CEO)

  • Appointed: 17 August 2015
  • Stocks: 114 490

Background: Sigve Brekke, born 1959, joined Telenor in 1998 as an Advisor, and was in 1999 employed as Manager Business Development and later Managing Director of Telenor International, Region Asia. Mr. Brekke served as co-Chief Executive Officer of dtac from 2002 to 2005, and Chief Executive Officer in dtac from 2005-2008. He most recently served as Executive Vice President and Head of Asia Region, prior to his appointment to President and CEO. Before joining Telenor, Mr. Brekke has served as the State Secretary (Deputy Minister) of Defence in Norway in 1993, and has also held position as an associate at the Center for Science and International Affairs, at Harvard University, USA.

Education: Mr. Brekke holds a Master degree in Public Administration from John F. Kennedy School of Government, Harvard University.

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Jørgen C. Arentz Rostrup

EVP and Chief Financial Officer (CFO)

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  • Appointed: 1 November 2016
  • Stocks: 0

Background: Jørgen Rostrup has more than 20 years’ business experience in an international context and comes from the position as President of Yara North America, Inc. He has a broad range of management positions in two of Norway’s leading companies, including Country Manager for Yara Ghana Ltd., CFO in Norsk Hydro AS, Executive Vice President Energy in Hydro and CFO for Hydro’s Norwegian oil and gas activity. Rostrup has also been on several boards, including positions within the private equity and investment banking area.

Education: Jørgen Rostrup holds a Master’s Degree in Economics and Business Administration from the Norwegian School of Economics (NHH).

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Jon Erik Haug

EVP and Chief People Officer

  • Appointed: 1 November 2012
  • Stocks: 18 650

Background: Jon Erik Haug, born 1962, has been in Telenor Group since 1997 and has held a number of senior positions in Norway and Sweden. Prior to his current position, Jon Erik Haug was CEO of Telenor Denmark since 2010.

Education: MBA from IMD (International Institute for Management Development) in Lausanne and a Master of General Business from the Norwegian Business School, BI.

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Morten Karlsen Sørby

EVP and Chief Transformation Officer (CTRO)

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  • Appointed: 1 November 2016
  • Stocks: 84 147

Background: Morten Karlsen Sørby, born 1959, joined Telenor in 1993 and has served in a number of executive positions. In 2014, Sørby was CEO of Uninor, Telenor’s wholly owned operations in India and comes now from the position as acting CFO. He has previously served as the Executive Vice President in charge of corporate strategy and regulatory affairs in Telenor Group. Sørby was also the Executive Vice President and head of the Norwegian and Nordic mobile and fixed network operations of Telenor.

Education: Sørby holds a Master of Science in Business Administration from the University of Karlstad. He has also completed additional education from IMD in Switzerland and is a state-authorized public accountant in Norway.

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Wenche Agerup

EVP and Chief Corporate Affairs Officer

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  • Appointed: 11 November 2015
  • Stocks: 3 692 

Background: Wenche Agerup, born 1964, was previously Executive Vice President, Corporate Staffs at Hydro. She was responsible for Legal Services, Corporate Social Responsibility (CSR), Human Resources and Organizational Development (HR), Health, Safety and Environment (HSE) and the Company Secretary. She worked in Hydro from 1997 until January 2015, and held several positions including plant manager in Årdal, Norway, and head of Mergers and Acquisitions (M&A). She has also headed Hydro’s bauxite exploration activities in Western Australia.

Education: Law degree from the University of Oslo and MBA from Babson College in Boston, U. S.

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Ruza Sabanovic

EVP and Chief Technology Officer

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  • Appointed: 12 October 2015
  • Stocks: 7 642

Background: Ruza Sabanovic, born 1971, joined the green field operations in Telenor Montenegro in 1996.   Since 2014 she was SVP Technology and Industrialized projects, part of the Group Industrialized Development team.  She has previously served as Chief Operating Officer in Telenor India and was also heading Group network function and Group CTO forum. From 1994-2008 Ruza served as the assistant professor at the Civil Engineering Faculty University of Montenegro.

Education: Master of Civil Engineering, Technology, University Belgrade, Serbia

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Vivek Sood

EVP and Chief Marketing Officer

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  • Appointed: 1 November 2015
  • Stocks: 11 190

Background: Vivek Sood, born 1964, comes from the position as CEO of Telenor India. Prior to that, he served as CEO of Grameenphone and Chief Financial Officer (CFO) of Uninor. His 22 years of experience also include executive positions in companies like Tata AIG life Insurance, Hutchison Telecom, Tupperware India and Hindustan Lever Limited (Unilever).

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Jon Gravråk

EVP and Chief Digital Officer
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  • Appointed: 1 December 2015
  • Stocks: 2 776

Background: Jon Gravråk, born 1978, comes from the position as Partner in McKinsey & Company where he has been for 13 years. Gravråk has had multiple leadership positions in McKinsey’s Telecom, Media & Tech practice, in the Marketing & Sales practice as well as in the Oslo office. He has primarily worked with companies within the telecom, high-tech and private equity sectors, but also served clients in media, e-commerce, retail and financial services. During his time in McKinsey, Gravråk has worked with strategy and business improvements in more than 30 countries across Europe, Asia, Middle East, North America and Latin America.

Education: Master of Science in business and administration (Siv.Øk) from the Norwegian School of Management (BI) and City University London.

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Berit Svendsen

EVP and CEO of Telenor Norway

  • Appointed: 14 September 2011
  • Stocks: 35 171

Background: Berit Svendsen, born 1963, joined Telenor in 1988 as a Research Scientist. From 2000 to 2005 she was Executive Vice President and CTO of Telenor and also working Chair of Telenor R&D. In January 2005 she took up the position as Vice President and Head of Telenor Nordic Fixed with overall responsibility for the fixed network business in Norway. From 2002 to 2007 Berit Svendsen was a member of the European Commission / IST Advisory Group. She joined Conax as CEO in May 2008. Svendsen is currently a board member of DNB, SAS and Bisnode.

Education: Berit Svendsen holds an MSc in Electronics from the Norwegian University of Science and Technology (NTNU) (1988), and a Master of Technology Management from NTNU and Massachusetts Institute of Technology, USA (1995).

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Patrik Hofbauer

EVP and CEO of Telenor Sweden

Patrik Hofbauer

  • Appointed: 1 August 2014
  • Stocks: 22 070

Background: Patrik Hofbauer, born 1968, started working at Telenor in 2011, as CEO of Canal Digital AS. He then took on the additional role as the CEO of Telenor Broadcast Holding.

Hofbauer was previously the CEO of the Nordic region’s largest outdoor advertising company, Clear Channel. In addition, he has served as CEO for NEC Scandinavia, CEO for AddressPoint AB and CEO of Canal Digital Sweden (2005-2008).

Education: Patrik holds a DIHM Marketing Economy Diploma and Master from IHM, Business School in Sweden (1995-2000), and also a specialization within Marketing & Strategy from London Business School from 2008.

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Jesper Hansen

EVP and CEO of Telenor Denmark

Jesper Hansen

  • Appointed: 1 June 2015
  • Stocks: 19 196

Background: Jesper Hansen, born 1965, has been a part of Telenor Denmark’s management team since 2000. In June 2015 he was appointed Acting CEO. Before becoming Acting CEO he served as Chief Customer Officer (2013-2015) and Chief Marketing Officer, Business (2009-2013). He started in Telenor Denmark as Chief Operating Officer of the internet service provider Cybercity.  Before joining Telenor, Hansen worked as Manager at TDC Internet.

Education: B.Sc.Econ Aarhus School of Business and Social Sciences, Denmark.

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Alexandra Reich

EVP and CEO of Telenor Hungary

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  • Appointed: 1 November 2016
  • Stocks: 0

Background: Alexandra Reich, born in 1963 and an Austrian national, has served as EVP and Head of Mobile Business for Swisscom Enterprise since 2014, after joining the Swiss company in 2009. Having initially started her career in investment banking, Reich became a pioneer in the online business with her first own digital business start-up in 1986. In 2001, Reich joined the telecommunications industry, holding roles at VIAG Interkom, General Manager of T-Online Austria, Chief Operating Officer (COO) at 3G Hutchison Austria and COO for private customers at Sunrise in Zurich.

Education: Reich holds a Business Management Degree from Vienna University of Economics and Business Administration in Austria.

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Ingeborg Øfsthus

EVP and CEO of Telenor Montenegro and Serbia

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  • Appointed: 1 March 2016
  • Stocks: 3 549

Background: Ingeborg Øfsthus, born 1968, has served as Chief Technology Officer (CTO) in Serbia since September 2012, and since February 2013, she has also been CTO of Telenor Montenegro. She has previously held management positions in Telenor operations in Germany, Thailand and Norway and various positions in Telenor Group since 1998.

Education: Øfsthus holds a Master of Science from the Norwegian University of Science and Technology (NTNU).

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Michael Foley

EVP and CEO of Telenor Bulgaria

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  • Appointed: 1 August 2016
  • Stocks: 6 620

Background: Michael Foley, most recently served as CEO of Telenor Pakistan before joining Telenor Bulgaria as CEO. 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.  Kenya, Ghana, Nigeria, Tunisia, Bulgaria and Romania figure among the dozen markets where he has held commercial or business leadership roles in telecoms.

Education: Michael Foley is a Graduate of McGill University in Montreal with BA in Organizational Psychology.

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Lars-Åke Norling

EVP and CEO of dtac, Thailand

  • Appointed: 1 April 2015
  • Stocks: 30 835

Background: Lars-Åke Norling, born 1968, joined Bredbandsbolaget (Sweden) in 1999, where he held various senior positions. In 2006 Norling was appointed Head of Telenor Sweden’s fixed network and a year later he took on the position as CTO of Telenor Sweden. From 2009-2014, he served as CEO of Telenor Sweden, and most recently he served as CEO of Digi before joining dtac.

Education: MBA from the School of Business, Gothenburg, a Master of Science degree in Engineering Physics, Uppsala University, and a Master of Science in Systems Engineering from USA.

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Albern Murty

EVP and CEO of Digi, Malaysia

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  • Appointed: 1 April 2015
  • Stocks: 12 379

Background: Albern Murty, born 1972, has spent the last 13 years in a variety of senior executive roles in Digi. In January 2014, Albern became the company’s COO after serving as Chief Marketing Officer for a number of years. Before Digi, his previous experience includes business and commercial management roles in Lucent Technologies across the Asian region.

Education: Albern holds a Bachelor of Science in Marketing, and Bachelor of Science in Advertising Management from Portland State University, Oregon, USA.

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Petter-Børre Furberg

(Acting) EVP and CEO of Grameenphone, Bangladesh

Petter Furberg

  • Appointed: 1 November 2016
  • Stocks: 29 164

Background: Since joining Telenor 14 years ago, Mr. Furberg has held a number of senior management positions within the company, including dtac’s CFO and Chief Marketing Officer, where he oversaw product development, sales and marketing. He also previously served as Senior Vice President, Head of Financial Services at Telenor Group. Prior to joining Telenor he held senior positions with the Norwegian Parliament and Norwegian Ministry of Finance. He was the CEO of Telenor Myanmar from 2013 to 2016 and comes now from a position as Senior Vice President Telenor Digital Businesses.

Education: 

Furberg holds a degree in economics and business administration based on a four year programme (Siviløkonom) from the Norwegian School of Economics and is a Certified European Financial Analyst (AFA/CEFA).

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Irfan Wahab Khan

EVP and CEO of Telenor Pakistan

  • Appointed: 1 August 2016
  • Stocks: 5 675

Background: Irfan Wahab Khan was appointed Chief Executive Officer of Telenor Pakistan on 1 August 2016. He was serving at the position of Deputy CEO and Chief Marketing Officer (CMO) of Telenor Pakistan since April 2013. He has been with Telenor for 12 years and was the first employee in Telenor Pakistan when he started as Executive Vice President and Head of Corporate Affairs Division in 2004. Since then he has served in various positions within Telenor Group both in Asia and Europe, including Vice President Devices and Vice President – Head of Asia Distribution. Mr. Khan is also a Board Member of Tameer Microfinance Bank.

Education: Business Management Program (2013 – 2013) INSEAD, Advance Management Program, Business Management (2013 – 2013)   INSEAD (SG), Marketing for Senior Executives (2007 – 2007)   London Business School, Financial management, Executive Management Program (2006 – 2006)        Harvard Business School, MSC, Mobile and Personal communications Engineering (1993 – 1994)       University of Westminster London UK, BSC, Electrical Telecom Engineering (1987 – 1992) University of Engineering and Technology, Lahore.

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Sharad Mehrotra

EVP and CEO Telenor India

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  • Appointed: 1 November 2015
  • Stocks: 8 314

Background: Sharad Mehrotra, born 1967, comes from the position of Chief Marketing Officer of Telenor Myanmar. In this capacity he was responsible for sales, marketing, distribution, branding and customer centricity. Sharad has extensive senior management experience from telecoms operations and infrastructure industries. Before joining Telenor Myanmar, Sharad served as Head of Telenor Group’s Asia Distribution program driving regional synergies and scale, as well as having played a key role in establishing Uninor, Telenor’s subsidiary in India.

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Lars Erik Tellmann

EVP and CEO Telenor Myanmar

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  • Appointed: 1 August 2016
  • Stocks: 15 107

Background: Before becoming CEO, Tellmann served as CFO of Telenor Myanmar since July 2013. Prior to this he was Senior Vice President and Head of Strategic Development in Telenor Asia. Tellmann has also served as Director and Board Member in a number of Telenor’s publicly listed mobile companies in the region. He joined Telenor in 2001, and has served Telenor Group in South-East Asia for over eight years.

Education: Tellmann holds a Master of Science in Business (M.Sc.) from University of Nordland (UIN) and a Master in Business Administration (MBA) from Heriot-Watt University, Edinburgh.