The Telenor Group has named Sigve Brekke who is currently the Executive Vice President and Head of Telenor Group’s Asia operations as the company’s new Group President and Chief Executive Officer, taking over from Jon Fredrik Baksaas. Sigve Brekke who holds a Master of Public Administration from the John F. Kennedy School of Government at Harvard University joined Telenor in 1999 and has held several executive positions in the company since then. Prior to Telenor, Brekke served as the Deputy Minister (State Secretary) of Defence from 1993 to 1996.
Telenor said that Sigve Brekke has been instrumental in establishing Telenor Group as a leading international mobile operator. Under Brekke’s leadership, Telenor has added more than 100 million subscribers in Asia. The value creation from Asia has been significant and the region now represents more than 40 percent of the total enterprise value of group, said Telenor.
Svein Aaser, Chairman of the Board of Directors in Telenor Group
Sigve Brekke has a solid track-record as the Head of Telenor’s Asia operations and part of Group Management since August 2008. His leading role in our Asian success story combined with his vast international experience and leadership capabilities will be of great value as the company continues its profitable growth journey.
Sigve Brekke
It is a great honour to be asked to lead Telenor. Our company’s Norwegian and international success is a result of Telenor Group’s ability to provide digital communication services that are valuable to our customers. Telenor’s strategy, including our financial priorities, form a solid platform for value creation for our shareholders and continued growth in Norway, Europe and Asia.
