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Telenor Group has appointed Benedicte Schilbred Fasmer as the new President and CEO

Telenor Group has appointed Benedicte Schilbred Fasmer as the new President and CEO

The Telenor Group’s Board of Directors has named Benedicte Schilbred Fasmer as the incoming President and CEO, succeeding Sigve Brekke, who will step down from the role on December 1, 2024, after serving for more than nine years.

Benedicte Schilbred Fasmer has been appointed as the new President & CEO of Telenor Group. Currently serving as the CEO of SpareBank 1 SR-Bank, Fasmer brings extensive experience from the banking and technology sectors, as well as a strong background in board leadership roles. With a proven track record in digital innovation and transformation, Fasmer is poised to address the ongoing disruptions faced by the telecom industry.

Sigve Brekke, who has led Telenor since 2015, has steered the company through various challenges in the European telecom market. Under his stewardship, Telenor has maintained its position as a significant player in the Nordic region, achieving consistent growth and profitability. Brekke’s tenure has been characterized by a focus on enhancing customer experience and expanding market presence.

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Expressed her enthusiasm about joining Telenor, highlighting the company’s reputation for profitable growth and outstanding customer service in the European telecom sector. She underscored the parallels in disruptions faced by the banking and telecom industries and affirmed her commitment to driving continued growth and fostering customer-centric strategies at Telenor.

Reflected positively on his tenure, acknowledging the company’s accomplishments and resilience in a competitive industry. He endorsed Fasmer’s appointment, expressing confidence in her ability to lead Telenor to further success.

Commended Brekke for his significant contributions to Telenor’s growth and performance over the years and welcomed Fasmer’s appointment, anticipating her leadership and the fresh perspective she brings to the company.

The leadership transition represents a significant milestone for Telenor Group as it looks to leverage Fasmer’s expertise to navigate future challenges and opportunities in the telecom industry. With her background in digital transformation and leadership, Fasmer is well-positioned to drive Telenor’s strategic objectives and uphold its competitive position in the market.