Zain revamps top brass, names new CFO
Kuwait, June 11, 2010
Kuwaiti telecom firm Zain reshuffled its management and has appointed a new chief financial officer after completing the sale of most of its African assets.
Zain named Ossama Matta as the chief financial officer, Barrak al-Sabeeh as the chief operating officer and Haitham al-Khaled as the chief technology officer, the company said in a statement on Thursday.
Previously all of them held different posts at the company, the statement added.
Zain, which closed the sale of its African assets to India's Bharti Airtel in a $9 billion deal on Tuesday, is overhauling management in line with its new strategy to concentrate on Middle East operations.
The company had appointed a new head for its Iraq operations on Wednesday.-Reuters