TeliaSonera’s chairman has announced his intention to step down in April to give the Swedish telco a “new start” following controversy over its Uzbek operations.
Anders Narvinger’s plan to leave the company at its next AGM comes as it searches…
TeliaSonera’s chairman has announced his intention to step down in April to give the Swedish telco a “new start” following controversy over its Uzbek operations.
Anders Narvinger’s plan to leave the company at its next AGM comes as it searches for a replacement of its CEO Lars Nyberg, whose contract expires in December 2013.
In a statement today, Narvinger said: “I have understood that the nomination committee would like to see changes on the board of directors, and to create something of a new start for TeliaSonera, where a change of CEO is due next year. In light of this, it is a natural step for me to announce that I will not stand for re-election.”
TeliaSonera denies allegations of bribery and money laundering in Uzbekistan. These allegations were made in a Swedish broadcast that investigated a 2007 3G licence deal.
A probe has been launched into the matter by Swedish anti-corruption investigators. The company has also hired Mannheimer Swartling to conduct its own review into the allegations.
