OREANDA-NEWS.   The Board of telecommunications company TEO on Wednesday has appointed Lars Bolin as a Head of Finance and Strategic Planning Division of TEO. He will join TEO management team in the end of June. L.Bolin will be responsible not only for the management of the company’s finances, but also for strategic planning and control of its implementation.

51 years old L.Bolin for the last four years was Vice-President and Head of Business Control in TeliaSonera Broadband Sweden. He started his professional career in 1990 in Telia, since 2005 he took leading positions in the fields of business control, planning, business development.

L.Bolin has an Executive MBA degree of the Stockholm School of Economics, he has also Master of Science degree in the field of Industrial Engineering of the Chalmers University in Gothenburg. He has also studied in Gothenburg School of Economics.

"I am pleased that the manager with such a great experience in strategic planning has joined TEO management team. The competence of Lars and his great international experience in the field of telecommunications will be an asset in implementing TEO organizational changes, aiming at being closer to the customer, working more efficiently and offering them faster the most appropriate solutions," - Kкstutis Љliuћas, TEO General Manager said.

"I am grateful for the confidence that the Board has entrusted me. I'm very excited about the opportunity to work with a leading company in the telecommunications market of Lithuania. I know that this market in Lithuania is very dynamic, therefore, it will be interesting to use my experience in Scandinavian market and contribute to the business development of this successful company," - L.Bolin said.

By implementing organizational changes TEO aims to focus more on the customer experience. New structure of TEO will take effect in June. Due to the changes, instead of current Finance Division there will be newly formed Finance and Strategic Planning Division. Instead of Service Development and Sales Units there will be Business to Consumer and Business to Business Divisions created, in charge of development of services and customer care.