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Jon Fredrik Baksaas

Mr. Jon Fredrik Baksaas has been President and CEO of Telenor Group since June 2002. During this period, the total number of subscriptions in Telenor Group’s mobile operations has increased from 21 million in June 2002 to 203 million by the end of 2010, including VimpelCom Ltd. Telenor Group at present has mobile operations in 11 markets and in additionally 10 markets through our ownership in VimpelCom Ltd. Prior to becoming the President and CEO, Baksaas served as Telenor’s Deputy CEO, CFO and Executive Vice President with the overall responsibility for Telenor’s networks and communication services in Norway, one of the world’s most advanced countries in ICT usage. Before joining Telenor in 1989, he served as CFO in Aker AS, CFO in Stolt-Nielsen Seaway and held finance related positions in Det Norske Veritas (DNV) in Norway and Japan. Baksaas is currently a board member of the GSMA Association, Svenska Handelsbanken AB, VimpelCom Ltd and the Advisory Council of Det Norske Veritas (DNV).

Mr. Baksaas holds a Master of Science degree from the Norwegian School of Economics and Business Administration and has additional qualifications from IMD in Lausanne, Switzerland. He is married with three children.

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