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TeleCard Limited on Sunday announced that its management would be appointing a new chief executive officer with the objective to further the growth, momentum and enable the organisation to become a world class total telecom solution provider. According to TeleCard chairman Sultanul Arfeen, the acting CEO Javaid Firoz has very ably guided the company to its present stage and would now be elevated as member Arfeen Telecom's Board of Management.
Not disclosing the name of the new CEO, the announcement said that Javed Firoz will be replaced by an individual who has international experience of managing and leading fast growth operations in telecom industry.
Meanwhile the British shareholders of Telecard Limited have committed to triple their stakes in the company after expressing tremendous satisfaction.

Copyright Associated Press of Pakistan, 2004

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