Telenor Group’s Board of Directors has named Benedicte Schilbred Fasmer as the new President and CEO.
Sigve Brekke will step down on December 1, 2024, after serving over nine years as President and CEO of Telenor.
Telenor’s Board of Directors conducted an extensive search for a new President and CEO as Sigve Brekke approached retirement by the end of 2024. After careful deliberation, Benedicte Schilbred Fasmer was selected to lead the telecom company.
Currently serving as CEO of SpareBank 1 SR-Bank, Fasmer brings extensive experience from the banking and technology sectors, along with valuable leadership roles on various boards.
Sigve Brekke, who has been Telenor’s CEO since 2015, expressed approval of Fasmer’s appointment, reflecting on his tenure and the company’s accomplishments. Despite challenges in the European telecom industry, Telenor has consistently expanded under Brekke’s guidance and maintained a significant presence in the Nordic markets.
Chairman of Telenor Group’s Board of Directors, Jens Petter Olsen, lauded Brekke’s contributions over the years and acknowledged Telenor’s growth and performance during his tenure.
