DOW JONES NEWSWIRES 

Norwegian telecom operator Telenor ASA (TEL.OS) said Monday it has appointed Richard Olav Aa as group chief financial officer.

His start date will be announced later, it said.

Aa is currently investment director of Arendals Fossekompani ASA, and has previously held management positions at Elkem, Norsk Vekst AS and Bertel O. Steen AS. He has a Master of Science in Business and Economics.

"I am very pleased that Richard Olav Aa has accepted to take on the position as CFO in Telenor with the responsibility for the financial management of the group's global operations," said Chief Executive Jon Fredrik Baksaas.

Shares in Telenor closed Friday at NOK77.45.

Company Web site: www.telenor.com

-By Gustav Sandstrom, Dow Jones Newswires; +46-8-5451-3099; gustav.sandstrom@dowjones.com