Telenor’s corporate responsibility report
CORPORATE
GOVERNANCE
Telenor is a Bulgarian joint stock com-
pany characterized with a one-tier
management system, having Telenor
Mobile Communications AS as the sole
shareholder.
The company is managed by a Board of
Directors, currently consisting of six per-
sons with 5 year mandate and appoint-
ed by the sole owner, as they may be re-
appointed without term limitations. The
Board of Directors appoints one of its
members for a Chief Executive Officer.
Currently, members of the Board of Directors
are:
• Kjell Morten Johnsen – Chairman
• Ronny Bakke Nævdal – Deputy Chairman
• Stein-Erik Vellan - Chief Executive Officer
• Eivind Kristoffersen
• Marianne Mow
• Jon Erik Haug
The Board of Directors along the sole share-
holder of the capital set the strategic business
direction, while a management team reporting
to the Chief Executive Officer supervises oper-
ations.
Our way of work is called the Telenor Way and
is built on five pillars.
OUR WAY OF WORK IS CALLED THE
TELENOR WAY AND IS BUILT ON FIVE
PILLARS:
• Vision and mission
• Values
• Leadership expectations
• Code of conduct
• Policies, rules and guidelines
VISION
:
Empower societies
We provide the power of digital communica-
tion, enabling everyone to improve their lives,
build societies and secure a better future for
all.
MISSION:
We are here to help our customers
We exist to help our customers get the full
benefit of being connected. Our success is
measured by how passionately they promote
us.
OUR VALUES:
• Be respectful
• Keep promises
• Make it easy
• Be inspiring
Corporate Governance
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