Last checked at 11 May 2015 12:15
Ooredoo Q.S.C.
Ooredoo Myanmar Announces New CEO
Doha, Qatar, 11 May 2015: Ooredoo Q.S.C. ("Ooredoo") - Ticker: ORDS.QA - announced today the appointment of Mr. Rene Meza as the new CEO of its Myanmar business, replacing Mr. Ross Cormack who has taken the decision to leave his position later this year.
Mr. Rene Meza currently holds the position of Managing Director of Vodacom Tanzania. Mr. Meza has over seventeen years of international experience in emerging markets having held leadership positions in telecoms businesses in Asia, Africa and Latin America. Prior to Vodacom Tanzania, Mr. Meza was Managing Director of Airtel Kenya and Zain Kenya and he was also Chief Operating Officer of Millicom Pakistan. Mr. Meza will join Ooredoo Myanmar later in the year and there will be a hand over period to ensure a smooth transition in leadership.
Ross joined Ooredoo in 2003 to lead the mobile business in Qatar and in 2005 he became CEO ofOoredoo Oman and significantly contributed to the growth of the company's businesses. Over the past two years, Ross has led the Myanmar operation from a green field operation to a fully-fledged telecoms provider.
Dr. Nasser Marafih, Ooredoo Group CEO, said, "Rene Meza has considerable experience in leading the growth of telecoms businesses in emerging markets and we believe he has all the qualities to take Ooredoo Myanmar to the next level as we continue to roll-out Myanmar's first 3G-only mobile network.
"Ross has been an inspirational leader for Ooredoo and a key member of the Group Leadership Team and has had a major influence on the development of Ooredoo Qatar and Oman, businesses which are generating strong growth for Ooredoo. In just under two years, he has led the creation of the new Ooredoo operation in Myanmar, one of the world's fastest changing economies, which will be a significant growth opportunity for the Group. We thank Ross for all his achievements and wish him all the best for the future."
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About Ooredoo
Ooredoo is a leading international communications company delivering mobile, fixed, broadband internet and corporate managed services tailored to the needs of consumers and businesses across markets in the Middle East, North Africa and Southeast Asia. As a community-focused company, Ooredoo is guided by its vision of enriching people's lives and its belief that it can stimulate human growth by leveraging communications to help people achieve their full potential. Ooredoo has a presence in markets such as Qatar, Kuwait, Oman, Algeria, Tunisia, Iraq, Palestine, the Maldives, Myanmar and Indonesia. The company was named "Best Mobile Operator of the Year" at the World Communication Awards 2013.
The company reported revenues of US$ 9.1 billion in 2014 and had a consolidated global customer base of more than 107 million people as of 31 December 2014. Ooredoo's shares are listed on the Qatar Exchange and the Abu Dhabi Securities Exchange.