Uninor appoints Vivek Anand as CFO

26 Mar 2014

Uninor has appointed Vivek Anand as Chief Finance Officer (CFO), replacing Prasoon Sinha, who moves as vice president at Telenor Group's headquarters in Oslo in the group finance function.

Anand moves in from his current position of CFO at Unilever Bangladesh Ltd (Dhaka) and will take charge of the finance function at Uninor. The function includes treasury and supply chain management, internal audit, business planning and strategy, accounting, reporting and taxation, the company said in a statement.

Prior to his position at Unilever Bangladesh, that he has held since 2010, Anand served as the finance director at Hindustan Unilever Limited  and as regional finance director at Unilever Singapore responsible for change management program in Finance covering all operating countries in Asia, Africa, Middle East and Central Eastern Europe.

''Vivek Anand inherits a finance function that has been key to Uninor delivering on its financial targets, including breakeven within three years, exactly as committed,'' said Morten Karlsen Sorby, nominated Chief Executive Officer of Uninor.

The company also announced that its current CFO Prasoon Sinha will move to the Group Finance function at Telenor Group headquarters in Oslo and take up the position of vice president and Head of Dynamic Performance Management Project.