Grant Ferguson is quitting D-Tac, Thailand's number two mobile operator, after three years as chief financial officer. He will be replaced by Petter-Bore Furberg, Ferguson's deputy in the finance team.
Ferguson helped steer D-Tac to its current strong position after Telenor, a Norwegian telecoms company, bought a 25% stake in the company from cash-strapped United Communication Industry. Along the way he twice won awards from FinanceAsia for best CFO in Thailand. His replacement, Furberg, also comes from the Telenor side of the business.
The company's most recent set of results, for the first quarter of 2004, were far in excess of analysts' expectations. Morgan Stanley's research...
