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Leadership Transition in Indosat Ooredoo

25 Sep 2018 12:49

RNS Number : 8852B
Ooredoo Q.P.S.C.
25 September 2018
 

For immediate release

25 September 2018

 

Ooredoo Announces Leadership Transition in Indosat Ooredoo in Indonesia

 

 

 

Doha, Qatar, 25 September 2018: Ooredoo Q.P.S.C. ("Ooredoo") - Ticker ORDS -announced that Indosat Ooredoo announced today the upcoming transition of its leadership team.

 

The current President Director and CEO, Mr. Joy Wahjudi, is stepping down from his role for personal reasons, but is working closely with Indosat Ooredoo and Ooredoo Group to help ensure a smooth transition for ongoing projects and that business continues as usual during this period of change.

 

 

The upcoming change in leadership coincides with the company's plan to undertake an important transformation program to drive growth in the Indonesian market.

 

Further details on the new leadership and the transformation program will be announced in the upcoming Indosat Ooredoo Extraordinary General Meeting scheduled for October 17, 2018.

 

H.E. Sheikh Saud bin Nasser Al Thani, Ooredoo Group CEO, said: "We offer our highest gratitude to Mr. Wahjudi for his valuable contribution during his tenure at the helm of Indosat Ooredoo. We are working closely with him to ensure a smooth transition. This is an exciting period for the telecommunications sector, which is undergoing significant structural changes that present incredible opportunity for growth. This is particularly the case in Indonesia and we are making sure we are well positioned to successfully drive this period of growth and development."

 

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About Ooredoo

Ooredoo is an international communications company operating across the Middle East, North Africa and Southeast Asia. Serving consumers and businesses in 10 countries, Ooredoo delivers the leading data experience through a broad range of content and services via its advanced, data-centric mobile and fixed networks.

 

Ooredoo generated revenues of QAR 33 billion as of 31 December 2017. Its shares are listed on the Qatar Stock Exchange and the Abu Dhabi Securities Exchange.

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