Thai CP Group appoints ex-Telenor head to lead telco business

BANGKOK (Reuters) – Thai agro-industrial conglomerate Charoen Pokphand (CP) Group appointed former chief executive of Norway’s Telenor ASA, Sigve Brekke, as head of its telecommunications and digital business, the Thai firm said on Thursday.

The announcement comes two years after CP Group’s mobile unit True Corporation merged with Telenor’s Thai business, Total Access Communication (DTAC), making it the country’s largest mobile provider.

Brekke will oversee “telecom and digital operations across Thailand and Southeast Asia” starting in March, CP Group CEO Suphachai Chearavanont said.

For nine years, Brekke was president of Telenor Group and head of the company’s Asia region, and CEO of DTAC in Thailand.

“In this era where AI is transforming consumers, organisations, and society, I look forward to returning back to Thailand and collaborating with CP Group’s talented team,” said Brekke.

CP Group is one of the world’s largest producers of animal feed and livestock. It is owned by the billionaire Chearavanont family, which Forbes ranked as the country’s second-richest with a net worth of $29 billion.

(Reporting by Chayut Setboonsarng, Editing by Bernadette Baum)

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