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Dia-born Singaporean business executive Rajeev Suri has been...

Toussaintfreedom Says...

dia-born Singaporean business executive Rajeev Suri has been appointed Chairman of the Digicel Group.

Suri, a former president and chief executive officer of Nokia, replaces Denis O'Brien, who will continue on the board and remain a shareholder.

In a statement, the group said he will continue to drive the implementation of the company's Restructuring Services Agreement.

This will see the Digicel shareholder consortium led by PGIM, Contrarian Capital Management, and GoldenTree Asset Management gain a controlling stake in the company.

O'Brien has welcomed the appointment.

"Given his impressive track record of delivery over 35 years, I know he will both add value and create value for all our stakeholders.

He joins superb local teams across the Caribbean and Central America with whom it has been my privilege to work for over 25 years.

He is the ideal leader to deliver on Digicel's next phase of growth."

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Suri said he is ready to lead the company into its next chapter.

"Denis has built a fantastic company with leading positions in the markets it serves.

I look forward to getting on the road to meet our customers and employees and continuing to strengthen the company's board and leadership team to take the company forward in this next chapter."

Digicel says the chairman will continue to be based in London.

Suri has worked in the telecom industry for around 35 years, most recently as Chief Executive Officer of Inmarsat from March 2021 until its acquisition by Viasat in May 2023.

He joined Inmarsat from Nokia.

Suri currently serves as a director of Stryker Corporation, Viasat and Singtel.

He holds a B.E. in Electronics and Communications and an honorary doctorate from Manipal Univers

Posted November 30 2023 at 4:49 PM

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