May 14, 2015

Ooredoo names new Myanmar CEO

Vodacom Tanzania managing director to take over from Ross Cormack later this year.
Ooredoo on Tuesday named a new chief executive of its Myanmar operation after Ross Cormack announced his decision to step down.

His replacement will be Rene Meza, who is currently managing director of Vodacom Tanzania. During his career he has also served as managing director of Zain Kenya, which became Airtel Kenya in 2010, and chief operating officer of Millicom Pakistan.

"Rene Meza has considerable experience in leading the growth of telecoms businesses in emerging markets and we believe he has all the qualities to take Ooredoo Myanmar to the next level as we continue to roll out Myanmar's first 3G-only mobile network," said Nasser Marafih, group CEO of Ooredoo, in a statement.

Ooredoo did not disclose exactly when Ross Cormack will depart, only that it will be later this year. He will remain with the company to ensure a smooth transition in leadership.

Cormack joined Ooredoo in 2003 to head up the Qatari incumbent's domestic mobile business. In 2005 he became CEO of Ooredoo Oman.

Over the past two years he has overseen the launch of Ooredoo's business in Myanmar, taking time out along the way to brief Total Telecom on his progress.

Ooredoo Myanmar launched commercial services in August 2014, and by the end of the first quarter of 2015 had signed up 3.3 million customers.

"Ross has been an inspirational leader for Ooredoo and a key member of the group leadership team and has had a major influence on the development of Ooredoo Qatar and Oman, businesses which are generating strong growth for Ooredoo," said Marafih.

"In just under two years, he has led the creation of the Ooredoo operation in Myanmar, one of the world's fastest-changing economies, which will be a significant growth opportunity for the group," he said, thanking Cormack for his achievements.

Source: Total Telecom