Telenor CFO steps down, joins Dutch SHV

Telenor's TEL chief financial officer Tone Hegland Bachke has decided to step down to take on a position at privately held Dutch conglomerate SHV Holdings, the Norwegian telecoms operator said on Monday.

Kasper Wold Kaarboe, currently head of performance and ownership at Telenor, has been named acting CFO from May 8, the company said in a statement.