Henrik Clausen appointed CEO in DiGi

Henrik Clausen appointed CEO in DiGi

KUALA LUMPUR, 7 APRIL 2010: DiGi Telecommunications Sdn Bhd today announced that its Board of Directors has appointed Mr. Henrik Clausen as the company's new Chief Executive Officer (CEO). Henrik Clausen will succeed Mr. Johan Dennelind who leaves DiGi on May 17th.

Henrik Clausen has for the last five years served as CEO of Telenor in Denmark. He has held the position as CEO since Telenor acquired the Danish broadband provider Cybercity in 2005, a company where Mr. Clausen served as CEO since 2000.

"I am pleased that Henrik accepted the position as CEO in DiGi. I am confident that DiGi will benefit from his telecoms knowledge and management skills, which have proven successful in Denmark", says Sigve Brekke, Head of Telenor in Asia, and Chairman of the Board of Directors of DiGi.com Bhd.

"I look forward to being part of DiGi and the mobile business in Asia. Although I have mixed feelings about leaving Telenor Denmark, heading DiGi in Malaysia is an honour and an offer I couldn't refuse," said Henrik Clausen upon his appointment.

"DiGi has a significant market presence and a strong challenger position in Malaysia. It is a strong competitor in the Malaysian mobile and internet market. The company remains one of Malaysia's leading employers of choice, and is highly regarded for its engagement in corporate responsibility," Clausen added.

Mr. Clausen has previously held positions as Partner in Andersen Consulting and Partner at AT Kearney in Denmark. He also holds an MBA from INSEAD, a Master in electrical engineering from the Technical University of Denmark and a degree in foreign trade from Copenhagen Business School.

Mr. Clausen will succeed Mr. Johan Dennelind who has been with DiGi for 6 years, including as CEO since early 2008. Mr. Dennelind has previously also held positions as Chief Financial Officer (CFO) and Chief Marketing Officer (CMO) in DiGi, apart from various management positions at Telenor Sweden, including Deputy Chief Executive Officer and CFO.

"The Board of Directors would like to thank Johan for his excellent and dedicated contribution to the company. During Johan's leadership DiGi has established itself as a company with a solid presence in the Malaysian mobile market, and is highly acknowledged amongst investors for its focus on corporate governance and shareholder value creation. He hands over a company with a clear vision and a well established strategy," said Sigve Brekke. "I want to wish him all the best in his future endeavours".

After six very rewarding years, leaving DiGi and Malaysia will naturally be difficult for my family and I, but the timing was now right for me to move on to new challenges. I am proud that I leave behind a company with a solid platform for future growth, all truly centred on the customer. DiGi today is powered by some of the most talented, driven employees in Malaysia, and an experienced and capable management team, whom I will deeply miss," said Johan Dennelind. "I want to express my warm welcome and support to Henrik Clausen, and I wish him and my DiGizens the best in taking DiGi to the next level."

About DiGi
Established in 1995, DiGi is listed on Bursa Malaysia Securities Berhad and is part of the global telecommunications provider, Telenor Group. DiGi focuses on making it easy, keeping it relevant and providing the best deals to ensure excellent customer experience in mobile and internet services. Through its corporate initiative, Deep Green, DiGi is committed to a sustainable business that is financially and ecologically responsible to all stakeholders.

Issued by:
Corporate Communications Department.