Vodafone Group Plc VODAFONE ANNOUNCES EXECUTIVE COMMITTEE CHANGE (9274S)
March 16 2023 - 3:00AM
UK Regulatory
TIDMVOD
RNS Number : 9274S
Vodafone Group Plc
16 March 2023
16 March 2023
VODAFONE ANNOUNCES GROUP EXECUTIVE COMMITTEE CHANGE
Vodafone today announced that Vinod Kumar, CEO of Vodafone
Business, will retire from Vodafone effective 31 December 2023 to
pursue a portfolio career.
He will continue to lead Vodafone Business until the end of the
year with specific focus on driving the development of our Internet
of Things activity, including Digital Asset Broker, leading
Vodafone's valued external partnerships and alliances and
delivering our growth priorities. His successor will be named in
due course.
Vinod joined Vodafone in 2019 and has been an Executive
Committee Member since September 2019. Under his leadership
Vodafone Business has accelerated its growth serving and supporting
businesses of all sizes from large corporations to small and medium
enterprises. Vodafone Business has consistently outperformed its
large telco peers and expanded its services to businesses across
Europe and Africa, in addition to launching platforms like VHub and
Digital Asset Broker.
Margherita Della Valle, Vodafone Group Chief Executive said: "We
will miss Vinod when he leaves at the end of the year to pursue a
portfolio career. I want to thank him for his leadership of
Vodafone Business and his continued commitment over the coming
months to serve our customers, deliver growth and keep Vodafone
Business a strong competitor."
In the industry, Vodafone Business has been recognised as a
leader 8 times by Gartner Magic Quadrant Managed IoT Connectivity
Services, Worldwide, and as a leader 4 times by Gartner Magic
Quadrant Network Services, Global. In 2022, Vodafone Business was
recognised by Gartner Peer Insights Customers' Choice 2022 for
Managed IoT Connectivity Services, Worldwide Network Services,
Global.
- ends -
For more information, please contact:
Investor Relations Media Relations
investors.vodafone.com vodafone.com/news/contact-us
ir@vodafone.co.uk GroupMedia@vodafone.com
Registered Office: Vodafone House, The Connection, Newbury,
Berkshire RG14 2FN, England. Registered in England No. 1833679
About Vodafone
Unique in its scale as the largest pan-European and African
technology communications company, Vodafone transforms the way we
live and work through its innovation, technology, connectivity,
platforms, products and services.
Vodafone operates mobile and fixed networks in 20 countries, and
partners with mobile networks in 47 more. As of 31 December 2022,
we had over 330 million mobile customers, more than 28 million
fixed broadband customers, and 21 million TV customers. Vodafone is
a world leader in the Internet of Things (IoT), connecting over 155
million devices and platforms.
We have revolutionised fintech in Africa through M-Pesa, which
celebrated its 15(th) anniversary in 2022. It is the region's
largest fintech platform, providing access to financial services
for more than 58 million people in a secure, affordable and
convenient way.
Our purpose is to connect for a better future by using
technology to improve lives, digitalise critical sectors and enable
inclusive and sustainable digital societies.
We are committed to reducing our environmental impact to reach
net zero emissions across our full value chain by 2040, while
helping our customers reduce their own carbon emissions by 350
million tonnes by 2030. We are driving action to reduce device
waste and achieve our target to reuse, resell or recycle 100% of
our network waste.
We believe in the power of connectivity and digital services to
improve society and economies, partnering with governments to
digitalise healthcare, education and agriculture and create
cleaner, safer cities. Our products and services support the
digitalisation of businesses, particularly small and medium
enterprises (SMEs).
Our inclusion for all strategy seeks to ensure no-one is left
behind through access to connectivity, digital skills and creating
relevant products and services such as access to education,
healthcare and finance. We are also committed to developing a
diverse and inclusive workforce that reflects the customers and
societies we serve.
For more information, please visit www.vodafone.com, follow us
on Twitter at @VodafoneGroup or connect with us on LinkedIn at
www.linkedin.com/company/vodafone.
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