Rashid Khan appointed as new CEO of Ufone. Rashid Khan former CEO of Mobilink now start working at Ufone in sudden move.
Mr. Rashid replaced Mr. Rainer Rathgeber who was from German and doing this job from 18 months. During his period company’s future looks unstable because of some decisions like merger between Ufone and PTCL.
Rashid Khan having experiance in telecommunication industry. He did work 15 years in Silicon Valley where he also awarded for his inventions and work in Mobilink for 6 years as CEO and President of the company. He also work for Bangalink where he was CEO and Managing Director.
Ufone has issued following statement:
Ufone appoints Rashid Khan as acting CEO
Islamabad, August 13, 2017: The Board of Directors at Ufone, an Etisalat Group Company, announced the appointment of Mr. Rashid Khan as acting CEO of Ufone effective August 15, 2017.
Rashid Khan will replace Mr. Rainer Rathgeber who served as CEO Ufone for last one and half years and has decided to join his family in Europe.
Rainer joined Ufone as CEO in March 2016 and has since then managed a significant turnaround for the company.
Commenting on his time at Ufone Rainer stated, “The time with Ufone has been one of the most exciting phases of my business life, thanks to everyone involved. But: It is time to normalize my family life.”
The incoming CEO, Rashid Khan shared, “I am very excited to take this role and look forward to lead this exceptional organization, dedicated and talented professionals to take the business forward.”
Rashid Khan has vast experience in the telecoms arena in Pakistan including 6 years as CEO and Board member of Mobilink (now Jazz).
“I would like to thank Rainer for his contributions to Ufone during his tenure and wish him all the best for his future.” said Abdulrahim Nooryani, Chairman of the Ufone Board while ‘welcoming Rashid Khan to Ufone’.