Lundal to leave Maxis in March
 03 Nov 2017 18:17
Maxis Bhd has announced that its CEO Morten Lundal will be stepping down when his contract expires in March next year.

“The board wishes to thank Morten for his valuable contributions and services to the company. We will announce his successor in due course,” the company said in a statement on Bursa.

The announcement confirms FocusM’s earlier report “Maxis mulls leadership change", stating that the company was considering its options with Lundal leaving.

Lundal was CEO of DiGi.Com, the third largest moblile operator in Malaysia, between 2004 and 2008. Prior to joining Maxis, Morten was group chief commercial officer of Vodafone Group Plc, a member of the executive committee responsible for commercial activities at the group level.

FocusM’s story also pointed out Kevin Russell, Telstra Corp Ltd’s former group executive of consumer and small business as a potential replacement for Lundal. Russell left his job suddenly in September, 18 months after joining Australia’s leading telecommunications firm.

He was previously SingTel Optus Pty Ltd’s chief executive of the consumer business and country chief officer between 2012 and 2014. Optus is the second largest telco company in Australia and has been a wholly-owned subsidiary of Singapore Telecommunications Ltd (SingTel) since 2001.

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