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Digicel appoints Jean Yves Charlier as its executive vice chairman

Mr Charlier previously served as chief executive of Veon, formerly Vimpelcom

Digicel this week agreed a deal with bond holders over repayments

Fri Dec 21 2018 - 07:56

Digicel, the telecommunications group owned by Irish businessman Denis O'Brien, has appointed Jean Yves Charlier as its executive vice chairman.

The group said the appointment reflects his active involvement in Digicel sincereplacing Michael Willner as a non-executive chairman in August.

Mr Charlier previously served as chief executive of Veon, formerly Vimpelcom, between 2015 and 2018. He is also a former chief executive of both SFR, France and Colt Telecom.

“Jean Yves brings a wealth of experience driving digital transformation in global telecoms environments. We are excited by the energy he has brought to the business since joining the Board and by the insight and capability that he brings to our Board and leadership team,” said Mr O’Brien, Digicel group chairman.

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Digicel, which has a $6.7 billion debt pile, this week convinced holders of $1.89 billion of bonds that are due to mature in 2020, to postpone their scheduled repayments by two years. The agreement followed months of negotiations in a debt restructuring.

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