Bichara’s departure from Orascom looms nearer

Khaled Bichara, the outgoing executive chairman of Orascom Telecom is due to leave the company before the end of the month, following the announcement of his planned departure in the middle of November.

Bichara joined the Orascom Telecom 12 years ago as chief Internet strategist and CEO of LinkdotNet and moved up to fill the positions of COO and then CEO, before becoming executive chairman in 2009.

Bichara said that he planned to move on to pursue new business opportunities. “I am happy to leave having secured the targeted synergies from the merger between Wind Telecom and VimpelCom and with the execution of the synergy roadmap and the targets for technology procurement and commercial development to benefit Orascom Telecom Holding from this merger being well on track,” he added.