Telenor group has appointed Vivek Anand as the Chief Financial Officer of Uninor, reports PTI. Anand will be taking over from the current Uninor CFO Prasoon Sinha who will be relocating to the Telenor's Oslo headquarters as its Vice President and Head of Dynamic Performance Management Project of its Group finance division. In this role, Sinha will be implementing Uninor's cluster-based analysis and evaluation on a global level. Note that Sinha has now been with Uninor for six years and was involved in developing Uninor's new low-cost business model. This transition is expected to end by April 2014 and Anand will be taking his position in May 2014. Prior to this appointment, Anand was with Unilever for 14 years in various roles, most recently being Unilever Bangladesh's CFO. He's also served as Unilever Singapore's regional finance director and HUL's National Commercial Manager, Sales and Customer Development among others. Before Unilever, he's worked at Kotak Mahindra Finance Ltd and ICI Ltd. Earlier this year, Telenor Group had also appointed Morten Karlsen Sørby as the new Uninor CEO, replacing Sigve Brekke who was serving as Uninor’s acting CEO after the former CEO Yogesh Malik quit in November 2013 citing personal reasons. Telenor Group looking to increase Uninor stake to 100% In a interview with The Economic Times, Telenor Group's Asia head Sigve Brekke has mentioned that they are considering increasing its Uninor stake to 100%, now that India allows 100% FDI in telecom. However, there is no immediate plan to do this, since the telco was focusing on 2G auctions until now. Telenor had increased…
