The Grameenphone Board of Directors has appointed Mr. Michael Foley as the company's Chief Executive Officer (CEO), effective from 26 May, 2017. Mr. Foley (56) has been with Telenor Group since 2014, most recently as the CEO of Telenor Bulgaria. Mr. Petter-B. Furberg, who has served as interim CEO of Grameenphone since October 2016, has been appointed Chairman of the Grameenphone Board of Directors and will continue as Head of the Emerging Markets Cluster in Asia.

He also remains on the Telenor Group's Executive Management Team. Mr. Christopher Laska will step down as Chairman of the Grameenphone Board of Directors and continue in his role as Senior Vice President for Board Governance and Partnership Relations in Asia. The announced changes will be effective as of 26 May, 2017.