Friday, March 29, 2013

Kuwaiti telco Wataniya appoints new CEO


Kuwait's No.2 telecoms operator Wataniya, which has suffered a sustained profit slump, appointed Abdulaziz Fakhroo as its new chief executive on Thursday, its third CEO in less than a year.

Fakhroo, previously the deputy CEO, replaces Bassam Hannoun, who has quit after less than seven months at the helm because of personal reasons, a company statement said.

Hannoun had taken the helm on Sept. 1, replacing Scott Gegenheimer, who quit in June 2012 and now heads rival Kuwaiti operator Zain.

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