Digi appoints Morten Karlsen S?rby as new Chairman

Press Release
August 18, 2015


For immediate publication

Digi appoints Morten Karlsen Sørby as new Chairman

SHAH ALAM, 19 August 2015 - Digi.Com Bhd and its subsidiary Digi Telecommunications Sdn Bhd today announced the appointment of Morten Karlsen Sørby as Chairman of the Board (Digi). Sørby's appointment is effective immediately, and he succeeds Sigve Brekke who assumed the position of President and CEO of Telenor Group earlier this week.

Executive Vice President Morten Karlsen Sørby is Telenor Group's Head of Region Asia and a member of its Group Executive Management team. A Norwegian national, Sørby joined Telenor in 1993 and has held a number of senior positions. He has in his capacity as Executive Vice President served as Head of Norwegian Market from 2003 to 2005, Head of Nordic Operations from 2005 to 2009, Executive Vice President and Head of Corporate Development from 2009 to 2011, and Head of Strategy and Regulatory Affairs from 2011 to 2013. He was Chief Executive Officer of Uninor, India in 2014.

"Every day, Digi inspires its customers to explore the potential of modern mobile communications. This passion for business has turned Digi into a consistently successful company. It has a clear vision, a well-established strategy and a solid foundation for future growth. I am confident that Morten will put his vast industry knowledge and operational experience to work as a Chairman in guiding the company's continued growth journey. He already knows Digi well after more than two years as a Director on the company's Board," said Sigve Brekke, President and CEO, Telenor Group.

Added Brekke, "Finally, I would like to thank Digi's board, management and employees for my own opportunity to serve as the Chairman of Digi since 2008. Succeeding in the advanced, competitive Malaysian market requires inspired thinking and excellent execution. I am proud to have been part of the company's growth journey and look forward to continuing to contribute in my new role."

Sørby said, "I am pleased at the opportunity to serve as Digi's Chairman. The company has solid fundamentals, strong growth potential and a capable leadership team. I look forward to working with the executive team and the Board to keep the growth momentum."

Sørby was appointed as a Director of Digi in March 2013. He holds a Master of Science in Business Administration from the University of Karlstad, and has completed additional education from IMD in Switzerland.