Azerbaijan, Baku, 10 April / Trend corr S. Babayeva/ Kim Ignatius, the Executive Vice-President and Financial Director of the large European telecommunication company TeliaSonera, announced leaving his position which he had held for last 8 years, the company reported. He will take the same position in some other company.
"The last eight years in the company were exciting and useful. I see my new position as an interesting opportunity to use the experience of telecommunications, as well as the chance for further personal development," Ignatius said.
"Kim Ignatius made a great contribution in TeliaSonera. I can only regret that he has decided to leave the company," the President and General Director of TeliaSonera Lars Nyberg said.
In Dec 2002, TeliaSonera was established after the merging of Swedish and Finnish mobile network operators - Telia and Sonera. The company unites over 690,000 shareholders, and Swedish Government owns majority of shares (37.3%) and Finnish Government (13.7%). TeliaSonera and its joint ventures serve over 100mln subscribers in 18 countries. In 2006, the company's net revenues amounted to 91bln of Swedish kronas and its net profit comprised 19.28bln Swedish kornas.
TeliaSonera is the shareholder of Azerbaijan's mobile operator Azercell Telecom through Fintur Holdings BV (TeliaSonera owns 58.55% of Fintur's stocks).