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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




Tags: Zain | revamp | CFO | top brass |

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