Vodafone Group PLC (LSE:VOD) emerged as one of the FTSE 100’s big risers come Tuesday afternoon, following the appointment of e& chief executive to its board.
Hatem Dowidar will join the company as a non-executive director from February 19, Vodafone said, after the firm penned a partnership with e& (Emirates Telecommunications Group) last May.
“He brings extensive experience within the telecommunications industry and has held senior positions across a range of companies in the Middle East, Africa and Europe,” Vodafone chair Jean-François van Boxmeer said.
“His appointment will further strengthen our strategic partnership.”
Shares climbed 3.9% to 66.66p.