Categories: BusinessBusiness news

Telenor CEO Baksaas one of best-performing on globe

Jon Fredrik Baksaas, President and Chief Executive Officer (CEO) of Telenor Group, has been named one of the best-performing CEOs in the world by the Harvard Business Review.

The annual list of 100 CEOs is developed based on an assessment of the long-term results delivered by corporate leaders, specifically looking at the increase in total shareholder return and market capitalization, said a Telenor Group press release received in Dhaka on Thursday.

Bangladeshi cellular phone operator Grameenphone is the venture of Telenor Group having business operations in 13 countries. Grameenphone is now serving 5 crore subscribers in Bangladesh.

Baksaas is one of only two CEOs from the telecoms industry and was named 32nd on the list for a market capitalization change during his tenure of US$ 36 billion.

These results have been achieved through the diverse portfolio of established markets in Europe and growth markets in Asia. Baksaas has been in his role as CEO since 2002.

Tech and Teen

Recent Posts

iPhones on Fire: Why Bangladeshi Teens Are Hooked on Apple

In every corner of Dhaka’s gadget-markets—from the neon-lit stalls of Bashundhara City to the bustling…

3 weeks ago

ASUS Announces Grand Launch of Expert Series Business Portfolio in Bangladesh

ASUS, the global leader in AI PCs and business innovation, launched its ASUS Expert Series…

4 weeks ago

HONOR Teases World’s First ‘Robot Phone’ with Fold-Out Camera Arm

Global AI device ecosystem company HONOR has recently teased its new smartphone dubbed ‘Robot Phone’…

1 month ago

Bangladesh ICT and Innovation Network (BIIN) Recognizes the Nation’s Top Innovators

Under the theme “Recognition for Innovation, Inspiration for Transformation,” the prestigious Bangladesh ICT and Innovation…

1 month ago

iPhone Dominates Bangladesh’s Premium Smartphone Market: Top Models, Prices, and Features in 2025

Apple’s iPhone continues to reign supreme in Bangladesh’s premium smartphone market, maintaining its reputation for…

1 month ago

vivo V60 Lite Brings 12-Hour Lag-Free Gaming with Turbo-Speed Chip

In gaming, every millisecond counts. One small lag or frame drop can change the story…

2 months ago