ISLAMABAD - Norwegian telecom company, Telenor Tuesday appointed Irfan Wahab Khan, a Pakistani, as its new chief executive officer (CEO) for Pakistan.

According to a press release on company website, the new appointment will be effective from August 1, 2016. Present chief Micheal Foley, a Canadian by national, has been transferred to Bulgaria. Till July 31, Foley and Khan will be members of the Group Executive Management team.

According to officials, new CEO Khan has been meeting with top Pakistani government officials and others since last week. New chief comes from the position of Deputy CEO and Chief Marketing Officer (CMO).

He has been with the company for 12 years and was the first employee when he started as executive vice president and head of corporate affairs division in 2004.

Since then, he has served in various positions within the Group both in Asia and Europe, including Vice President Devices and Vice President and Head of Asia Distribution. Khan is also a board member of company’s Microfinance Bank.

 “With these appointments we utilize our executives´ competence and knowledge across different markets and functions,’’ said Sigve Brekke, President and CEO of Telenor Group in his message.

The press release further said that Michael Foley will continue as chairman of the Board of Directors of company’s microfinance bank in Pakistan, even after moving to Bulgaria. After August, he would be performing his role in Pakistan.

Stein Erik Vellan, the current Chief Bulgaria office, will take on the role as senior vice president and head of group corporate support in the group. Vellan has been the CEO in Bulgaria since 2013. After the completion of his three-year contract in Bulgaria, Vellan will step down as a member of Group’s Executive Management, the company said.