Top Management Nominated at Unitech Wireless

Press release
Fornebu
7 minute read
(Fornebu, 19 February 2009) Stein-Erik Vellan has been nominated for the position as Managing Director (MD) of Unitech Wireless in India. Vellan is currently serving as CEO of Telenor Serbia. Johan Lindgren, currently CEO of Telenor Sweden, has been nominated for the role as Chief Financial Officer of the company. David Meneghello will also join Unitech Wireless, as Chief Marketing Officer (CMO).
Subsequent to the closing of the Unitech Wireless agreement, Telenor will have management participation in the Indian mobile operator. Telenor will hold four out of seven seats on the Unitech Wireless Board of Directors, and nominate candidates for the Managing Director and Chief Financial Officer positions, and appoint the Chief Marketing Officer. The Managing Director is the company's top executive position. The nominated candidates for the positions as Managing Director and Chief Financial Officer at Unitech Wireless are subject to security approvals required in India.

"I am very pleased that Stein-Erik Vellan has accepted the nomination for the important position as MD of Unitech Wireless. Vellan has delivered an outstanding performance during his tenure at Telenor Serbia and is an experienced and highly capable nominee for the role as top executive at Unitech Wireless. I am also delighted that Johan Lindgren has accepted to be the nominee for the CFO role at the company, as he also is among our most experienced and skilled leaders" said Jon Fredrik Baksaas, President and CEO of the Telenor Group.

During his two-and-a-half years in Serbia, Vellan has managed Telenor Serbia through an important transitional phase. The company delivered strong organic growth and good margins for the fourth quarter of 2008. Prior to his posting in Serbia, Stein-Erik Vellan was part of Telenor's Nordic management, successfully heading the Norwegian business market division. The nominee for the position as Managing Director aims to bring with him David Meneghello, currently CMO in Telenor Serbia.

In Sweden, Johan Lindgren will step down as CEO to take on the role as nominee for the CFO position. During his tenure at Telenor Sweden, Lindgren has succeeded at maintaining a strong focus on strengthening the company's position and visibility in a very competitive marketplace. He has extensive experience as CFO, both from the telecommunications and TV industry.

The nominees (Vellan and Lindgren) and the appointee (Meneghello) will strengthen the present management team at Unitech Wireless. The current management will continue to serve the company.

The nominated executives will take up their responsibilities in New Delhi following the closing of the transaction and upon receipt of requisite approvals in India.

Photos and mini cv of the candidates


Stein Erik Vellan

Stein-Erik Vellan


Currently CEO of Telenor Serbia

Background: Prior to his posting in Serbia, Vellan was part of Telenor's Nordic management, heading the Norwegian business market division. Before joining Telenor in 2001, Vellan was CEO of The Thrane Group. From 1993 until 2000 he worked with Cap Gemini as Group Marketing Director both in Norway and internationally, based in Paris. Vellan holds a degree in marketing from the Norwegian School of Management.

Download hi-res image of Stein-Erik Vellan

Johan Lindgren -110

Johan Lindgren


Currently CEO of Telenor Sweden

Background: Johan Lindgren has been part of the Nordic Management team since 2005, when Telenor acquired Vodafone Sweden and Lindgren was appointed CEO. Prior to that, Lindgren held the positions as CFO and deputy CEO in Bredbandsbolaget, now part of Telenor Sweden. Before entering telecom, Lindgren worked six years within the MTG Group, as deputy CEO and CFO in MTG and Metro International. He has a background in investment banking and is a chartered accountant with a degree in Master of Business Administration.

Download hi-res image of Johan Lindgren

David Meneghello

David Meneghello


Currently CMO of Telenor Serbia

Background: Joining Telenor ASA in 2006, David Meneghello was appointed Chief Marketing Officer at Telenor d.o.o., leading the Marketing, Sales, and Customer Care areas. Prior to this, he worked with Vodafone Czech Republic, previously OSKAR, where he started in 2000 as Director of Marketing and Sales. David has held senior level marketing and sales responsibilities in Bell Mobility, Molson Breweries, Pepsico and A&W Food Services, all in Canada. David has an MBA and a BSc from the University of British Columbia, Vancouver.

Download hi-res image of David Meneghello

For more information about Telenor in India, please visit https://www.telenor.com/en/news-and-media/in-focus/india/

For further information, please contact:
Pål Kvalheim, Vice President Communication, Telenor Group, Tel: +47 970 44 970

 

Esben Tuman, Information Manager, Telenor Asia, Tel: +66 859 184 111