
7 minute read
Share
alt=Telenor Group's Board of Directors has appointed Benedicte Schilbred Fasmer as new President & CEO class=lazyload main main-lazyloaded responsive-image data-v-1a5ebb10>
Oslo (May 23rd 2024) - Telenor Group's Board of Directors has appointed Benedicte Schilbred Fasmer as new President & CEO. Sigve Brekke is stepping down December 1st after more than 9 years as President & CEO of Telenor.
Telenor's Board of Directors has carried out an extensive process to identify the right candidate for the position of President & CEO, as Sigve Brekke, the current CEO, has a contract that stipulates retirement at the end of 2024.
The board has been looking for the most qualified candidate to lead Telenor and we are pleased that Benedicte Schilbred Fasmer has agreed to take on this role. Telenor is an institution of great importance for the 200 million customers in our footprint and for the societies we empower. We need a CEO with great leadership skills, who understands how technology will enable us to deliver secure and superior customer experience and someone who will ensure profitable growth, says Chair of the Board Jens Petter Olsen.
The board started the process of finding Sigve's successor this winter. As part of this thorough process, several strong internal and external candidates were considered.
Benedicte, together with all the talented employees in Telenor, will continue to deliver great results in the company's next phase. Telenor's financial targets stand firm, and there are no plans for any strategy shifts. Benedicte's strong track record from technology and customer driven companies, and extensive top manager and board experience have impressed the board, says Olsen.
Benedicte Schilbred Fasmer is currently the CEO in SpareBank 1 SR-Bank, which is in the process of executing on the largest Norwegian banking merger in 25 years. She has previously been a Group EVP of the insurance company Fremtind Forsikring and a Group EVP in DNB Bank as Head of Corporate Banking. In addition, she has significant capital markets experience including private equity, corporate finance and several banks including Citibank, as well as from the FMCG industry. Her board experience includes serving as the Chair of the Oslo Stock Exchange, a member of the Supervisory Board of the Central Bank of Norway, and being a board member of Vipps, Norway's market-leading payment app. Benedicte is from Bergen, is married and has two children.
I feel incredibly privileged to be given the opportunity to lead Telenor, which is in a class-of-its-own when it comes to profitable growth and customer experience in the European telecoms industry. I have been working with digital innovation and transformation for two decades, and in my opinion banking and the telco industry are facing similar disruptions. I am very much looking forward to contributing to continued growth and customer centricity in Telenor, says Benedicte Schilbred Fasmer.
Sigve Brekke has been CEO of Telenor since August 2015. Since Sigve Brekke's commencement date, Telenor has outperformed the S&P European Telecommunications index by 50% on a dividend-adjusted basis.
Congratulations to the board on having found a good successor. Benedicte is taking on one of the most exciting and challenging CEO positions in Norway. I've had fun at work every single day, and it is a great privilege to be CEO of an organization like Telenor, with so many talented employees. I'll give full throttle the last few months, then I'm looking forward to welcoming Benedicte to Telenor, says Sigve Brekke.
Telenor is currently the only operator with a solid footprint in all Nordic markets and has delivered 5 percent mobile service revenue growth in the Nordic region for six consecutive quarters.
Sigve has done a terrific job on behalf of Telenor for several decades. His nine years as CEO have been a very demanding period for European telcos. Nevertheless, the company has grown and outperformed the industry, says Olsen.
alt=Telenor Group's Board of Directors has appointed Benedicte Schilbred Fasmer as new President & CEO class=lazyload main main-lazyloaded responsive-image data-v-1a5ebb10>
Telenor Group's Board of Directors has appointed Benedicte Schilbred Fasmer as new President & CEO
CV Benedicte Schilbred Fasmer
Jan 2021- CEO in SR-Bank ASA (OSE: SRBNK)
2020 GEVP in Fremtind Forsikring, Corporate Banking
2015-2020 GEVP in DNB Bank ASA, Corporate Banking (OSE: DNB)
2011-2015 Argentum Asset Management
2007-2011 GEVP Sparebanken Vest, Capital Markets & Treasury
2002-2007 Rieber & S n ASA, Group Treasury & Investor Relations
2001-2002 Pareto Securities ASA, Corporate Finance Advisor
2000 Nautopolis.com, Country Head Norway
1991-2000 Citibank, VP
Board Experience (selection)Has held the role of Chair in SpareBank 1 Gruppen, Fremtind Forsikring, Finance Norway, Oslo Stock Exchange. Board member in Vocalink Ltd, Norges Bank (Central Bank of Norway), Entra, Vipps, Norwegian Air Shuttle, Sevan Drilling, Vesta Forsikring, Fana Sparebank.
Media contact
David Fidjeland Director, Media Relations
Telenor Group
Europe Stories
11/12/2025
Dalet, a leading provider of cloud-native, end-to-end media workflow solutions, ...
04/12/2025
ToolsOnAir Blackmagic Design HyperDeck Event Presets for just:in mac pro 2025 & ...
04/12/2025
ToolsOnAir AJA Ki Pro Event Presets for just:in mac pro 2025 & just:in linux
More Details:Starting with version 5.5, both just:in mac pro and just:in linux sol...
04/12/2025
Wangu Kanuri from Kenya and Godwin Asediba from Ghana are two of this years finalists for Thomsons Young Journalist of the Year Award. The pair are runners-up i...
04/12/2025
Thursday 4 December 2025
Sky set to co-produce the story behind the world's most famous whale
Image Credit - Free Willy Keiko Foundation
Sky will co-pro...
04/12/2025
Thursday 4 December 2025
Sky Original documentary Murder at the Post Office to ...
04/12/2025
OBJECT MATRIX
OverviewObject Matrix
OM Cloud
Quattro
SWARMOverviewSwarmSingle Node Swarm
Ngenea
Pixstor
Swarm Support
Object Matrix Support
Pixstor & N...
04/12/2025
FOX Advertising Announces Plans for 2026 Upfront Presentation Annual Presentation for Advertisers to Take Place Monday, May 11 at New Location, the Historic N...
04/12/2025
The ninth series of Dancing with the Stars returns to screens in early
2026 and will be proudly sponsored by Hyundai
Filling our Sunday evenings with glitz an...
03/12/2025
ToolsOnAir Composition Builder 2025 Boilerplate
More Details: The Composition Builder 2025 application for macOS enables TV stations and Live Event broadcast...
03/12/2025
ToolsOnAr just:live pro 2025 Boilerplate
More Details: just:live pro 2025 is a Single Channel Live Production Playout solution for video and static or real-t...
03/12/2025
ToolsOnAr just:play pro 2025 Boilerplate
More Details: just:play pro 2025 is a Single Channel automated 24/7 Master Control playout solution with SD, HD and ...
03/12/2025
ToolsOnAr live:cut 2025 Boilerplate
More Details: live:cut is an option to just:in mac pro 2025 and enables multicamera production workflows for up to 16 cam...
03/12/2025
ToolsOnAir Just In Mac Lite NDI 2025 Boilerplate
More Details: The Just In Mac Lite NDI application is a streamlined media capture solution designed specific...
03/12/2025
ToolsOnAir Just In Mac Lite 2025 Boilerplate
More Details: The Just In Mac Lite application is a streamlined media capture solution designed specifically for...
03/12/2025
ToolsOnAir just:in mac pro 2025 Boilerplate
More Details: just:in mac pro is a macOS-based client-server multichannel capture solution to record SDI, HDMI, N...
03/12/2025
Tracy Bonareri Onchoke, Thomson's Young Journalist of the year 2025 is hoping the accolade will be a springboard to more cross-border collaboration between ...
03/12/2025
For the fourth time, Bad Bunny is the most-streamed Wrapped artist on Spotify gl...
03/12/2025
The wait is over. It's time to look back at the audio that defined your year with 2025 Spotify Wrapped, our annual celebration for fans, artists, creators, ...
03/12/2025
Por cuarta vez, Bad Bunny es el Top Artista Global de Wrapped en Spotify, con 19...
03/12/2025
Spotify Wrapped is back, and as always, it's powered by the billions of streams that fans around the world delivered throughout the year. From the artists w...
03/12/2025
Spotify Wrapped is the moment when hundreds of millions of fans around the world...
03/12/2025
With more than 700 million listeners around the world turning to Spotify to soundtrack their lives, it's time to look back at the audio that defined the yea...
03/12/2025
Con m s de 700 millones de oyentes en todo el mundo usando Spotify para acompa ar su d a a d a, es momento de mirar hacia atr s y ver el audio que marc el a o....
03/12/2025
From page-turning thrillers to inspiring memoirs, audiobooks are becoming a core...
03/12/2025
Com mais de 700 milh es de ouvintes em todo o mundo recorrendo ao Spotify para embalar seu dia a dia, chega o momento de revisitar o udio que marcou o ano. Nos...
03/12/2025
Spotify Wrapped celebrates the audio that defined our year, and the annual globa...
03/12/2025
Wuppertal December 3, 2025
Riedel and Haivision Join Forces to Advance Wireless Video TransmissionRiedel Communications today announced a new partnership with...
03/12/2025
Tell us a little bit about your job I am a Digital Marketing Executive working on Paid Social, PPC, and Organic Social. I joined the team in May 2025 and am enj...
03/12/2025
SAN JOSE, Calif. and VIENNA - Dec. 3, 2025 - Harmonic (NASDAQ: HLIT) and Normann...
03/12/2025
S an Nollaig
Celebrate 2025's top Irish sporting stars with RT Sport Awards live from RT Studios on RT One and RT Player
RT pays tribute to Ror...
02/12/2025
eds3_5_jq(document).ready(function($) { $(#eds_sliderM519).chameleonSlider_2_1({...
02/12/2025
--
The International Electrotechnical Commission (IEC), the International Organization for Standardization (ISO), and the International Telecommunication Unio...
02/12/2025
Harmonic's cOS Platform Will Redefine Subscribers' Quality of Experience, Lowering Churn SAN JOSE, Calif. - Dec. 2, 2025 - Harmonic (NASDAQ: HLIT) today...
02/12/2025
S an Nollaig
Hollywood blockbusters The Banshees of Inisherin, Barbie and Oppenheimer make their Irish TV debut
Tune into the classics such as Love Actual...
02/12/2025
Showcasing fresh Irish storytelling and emerging talent Storyland 2025 signals a fantastic time for Irish drama
RT and F s ireann/Screen Ireland are proud to...
01/12/2025
MANCHESTER, UK - November 2025 - Announced two days before the 30th anniversary of Oasis' debut album, Definitely Maybe, the Oasis Live '25 tour marks t...
01/12/2025
01 Dec 2025
Kyivstar and Ukrainian Ministry of Digital Transformation Select Go...
01/12/2025
The prequel to the global hit Sky Original mob crime saga, Gomorrah' is a s...
01/12/2025
Featuring Florence Welch, Red Hot Chilli Peppers' Flea, designer Bella Freud...
01/12/2025
Fox Corporation Chief Financial Officer Steve Tomsic to Participate in Upcoming ...
01/12/2025
Arvato Systems' Virtual Private Cloud (VPC) Receives BSI C5 Certification (T...
01/12/2025
Summary This short video gives you an summary of the changes in under two minutes.
--...
01/12/2025
As the festive season approaches, RT Supporting the Arts is proud to showcase a...
01/12/2025
Festive specials of Christmas in Kilmainham presented by Marty Whelan, High Road Low Road, Callan Kicks the Year and Keys to My Life
Ring in the New Year with ...
01/12/2025
Architect and television presenter Hugh Wallace, best known to RT audiences as a long-serving judge on Home of the Year, has died at the age of 68.
In a state...
28/11/2025
It's easy to ignore those little red update available badges. But when it ...
28/11/2025
Friday 28 November 2025
Sky Sports x Slawn drop limited-edition football jersey...
28/11/2025
Rohde & Schwarz shows resilience in a challenging environment, revenue exceeds t...
28/11/2025
Unwrapped: The Toy Show Appeal - airing this Sunday on RT One and RT Player- s...