Aug 27 2012
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STC Group undergoes management restructuring
The Group announced that it has accepted the resignation of Ghassan Hasbani from his role as Group CEO - International Operations due to the near end of his contractual period while he will continue with the group till Oct. 1, 2012, and has asked Krishnan Ravi Kumar, to take over his role starting Sept.1, 2012.
Ravi joined the Group early last July and brings with him 25 years of experience gained at senior positions at a number of international companies.
Group's Chief Executive Dr. Khaled Al Ghoneim said these management changes are part of a comprehensive strategy adopted by Saudi Telecom Group addressing its vision of keeping pace with the fast and accelerating changes in the telecommunications and information technology industry worldwide.
The Group's ambitious management "Transformation Program" is designed to take the Group forward to a next phase of continuing to build on past achievements by focusing on customer service, building internal capabilities, and regional growth plans, while simultaneously building a clear and strong platform for a renewed launch towards leadership, with a responsible vision of the challenges facing it, utilizing more mature approach and advanced tools and the ability to change, improve performance and productivity, which will reflect on increased profitability, better return on investment for shareholders and enhanced competitiveness for the Group, locally and internationally.
Al Ghoneim wished those executives leaving the Group the success, and expressed his appreciation for their effective contribution to achieving the position, which the Group has attained locally and internationally.
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