Press Release

Telenor appoints Caroline Yin Yin Htay as CFO

07 July, 2016 - Yangon

  • Takes over from Lars Erik Tellmann, who assumes CEO position

July 6th, 2016, Yangon – Telenor Myanmar Limited (“Telenor”) today announced the appointment of Caroline Yin Yin Htay as Chief Financial Officer (CFO). She takes over the role from current CFO Lars Erik Tellmann, who takes over as the company’s new Chief Executive Officer (CEO), replacing current CEO Petter Furberg. Both appointments will be effective August 1st, 2016.

Caroline is currently Head of Treasury and Tax. She joined Telenor in November 2013 as Head of Accounting and Tax, and has more than 15 years of finance experience working across different value chains in the telecoms sector. She started her career in StarHub in Singapore, and later at Motorola Inc., where she helmed various roles including the setting up of the shared service operations in Penang Malaysia, ending with the position of Senior Regional Financial Analyst responsible for Asia Pacific and the Middle East. Caroline is a Fellow of CPA (Australia), Chartered Accountant (Singapore) and Associate Chartered Management Accountant (UK).

“I am proud to welcome Caroline to Telenor Myanmar’s senior management team. She has played a central role in establishing in building the company’s finance operations and leading engagement with financial and regulatory authorities in this time. I am confident that she will succeed in this role, and play a big part in advancing our unique work culture and way of work,” said Petter Furberg, CEO of Telenor Myanmar.

“Myanmar has been through a period of exciting and inspiring change over the past few years. As Telenor Myanmar also continues to develop, we will provide more opportunities for Myanmar talent to grow and drive the next phase of development for our country and the company. I am excited at this opportunity to be part of the leadership team at Telenor in doing this,” says Caroline.

For media enquiries, please contact:

Alex Nyi Nyi Aung (Mr.)
Corporate Communications,
(95) 9 79 100 0004

Mr. Soe Thu Tun
Mango Media for Telenor Myanmar
(95) 1 512 884 ,(95) 9 450 001 087

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