First News
Volume:7, Number:44
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Michael Foley Appointed CEO of Grameenphone

| Ava Tahsin |

Canadian national Michael Foley has been appointed the new chief executive officer (CEO) of the country’s leading mobile phone operator Grameenphone. Grameenphone in a statement on May 8 announced his appointment by its board of directors, effective from May 26. The 56-year-old Foley who served as CEO of Telenor Bulgaria most recently, will succeed Petter-B Furberg, who has been serving as interim CEO since October 2016. The announcement was made following the 177th board meeting held on May 7. Michael, a graduate of McGill University in Montreal with a BA in Organizational Psychology, has been with the Telenor Group since 2014. Before he was CEO of Telenor Bulgaria, he served as CEO of Telenor Pakistan. He has more than 30 years of sales, marketing, and operational experience in the telecom, retail, and gaming sectors in both advanced and growth markets, the statement said. “I am honored and excited to become part of Grameenphone at a time when connectivity and digitization is transforming Bangladesh, and I hope to further strengthen GP’s position as a leader in digital services,” Foley said in his statement.

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