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Ufone has suddenly announced the appointment of a new Chief Executive Officer Mr. Rashid Khan. According to sources, Mr. Khan will take immediate charge of this position.

Mr. Khan will replace Mr. Rainer Rathgeber, a German national, who remained the CEO of Ufone for only one and a half years.

Mr. Rainer Rathgeber and his team, to somehow, managed to sustain the competition with almost no new investments made by the Etisalat group. This is mainly due to the Super Card customers, who help the company to make its cashflow positive.

Mr. Rashid Khan was the former CEO of Mobilink. He remained the CEO and President of the company for six years from July 2008 till August 2014. Moreover, he worked in Silicon Valley for almost 15 years for various international companies. There he acquired extensive working experience in the technology sector. He was also awarded patents for his inventions.

Now it’s time to see whether the new CEO will improve Ufone’s market position or not.

 

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