Tele2's Leadership Shakeup: A New Era for the Telco Giant

Tele2 AB, the leading telecommunications company in the Nordics and Baltics, has announced significant changes to its Group Leadership Team. The departure of Yogesh Malik, Executive Vice President and CTIO, and the appointment of Ove Wik as acting EVP CTIO, mark a new chapter for the company as it continues its transformation and growth journey.

Yogesh Malik, who joined Tele2 in April 2021, played a crucial role in the company's 5G network rollout and IT transformation. His expertise and leadership were instrumental in Tele2's award-winning 5G network and the successful consolidation of its brands onto a single IT platform. Malik's departure may cause some disruption in these ongoing projects, but Tele2 has expressed confidence in its ability to continue its transformation and growth plans.

Ove Wik, the current Head of Digital Capabilities and Technology Sweden, will take on the role of acting EVP CTIO. Wik's experience and expertise in digital capabilities and technology make him an ideal candidate to lead Tele2's ongoing 5G network rollout and IT transformation. His appointment ensures continuity and stability in the leadership team, as he is already familiar with the company's operations and culture.

The departure of Jenny Garneij, Executive Vice President People and Change, may also impact Tele2's HR strategies and employee engagement. Garneij was responsible for culture, change management, and people engagement, and her contributions helped shape the company's HR initiatives. Karin Wadström Sjöstedt, currently Head of Workforce Management at Tele2, will take on the role of acting EVP People and Change. This appointment ensures a smooth transition and maintains the positive momentum established by Garneij.

Tele2's leadership changes come at a time when the company is focused on driving growth and innovation. The company's strategic shift towards a customer-centric approach, with a focus on quality, loyalty, and the utilization of its entire product portfolio, is expected to drive commercial progress in the coming years.

In conclusion, Tele2's leadership shakeup marks a new era for the telco giant. With a strong focus on growth, innovation, and a customer-centric approach, Tele2 is well-positioned to continue its transformation and growth journey. The appointment of Ove Wik as acting EVP CTIO and Karin Wadström Sjöstedt as acting EVP People and Change ensures a smooth transition and maintains the positive momentum established by the company's previous leadership team. As Tele2 looks to the future, investors can expect the company to continue delivering on its promises and driving value for its shareholders.