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Vimpelcom CEO becomes Orascom Telecom chairman

Vimpelcom CEO will replaces Khaled Bichara, Orascom's former executive chairman, who stepped down at the end of 2011

Reuters , Thursday 12 Jan 2012
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Jo Lunder, chief executive of Vimpelcom which bought Orasom Telecom's parent company, will become Orascom's new chairman, the firm said on Thursday.

He replaces Khaled Bichara, Orascom's former executive chairman, who stepped down at the end of 2011.

Orascom said in a statement Lunder would focus on "executing a strategy to increase cash flows through driving profitable growth, operational excellence and capital efficiency."

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