Breaking: Zouhair Khaliq Replaced by Rashid Khan As CEO Mobilink

We are told by very reliable sources that Orascom has assigned Mr. Rashid Khan, the new CEO of Mobilink – While Mr. Zouhair Khalid was asked to report Cairo based Orascom Headquarter.

Our Orascom sources have confirmed this news however, Mobilink spokesman preferred not to comment anything over the issue.

Pakistani National, Mr. Rashid Khan was serving Banglalink as CEO, Orascom’s arm in Bangladesh. He has been part of Mobilink as well and has served Mobilink from 2004 to 2006 as Chief Commercial Officer. That was the time when Mobilink Reached from 5 million customers to 20 million.

Analysts term this change due to dropping position of Mobilink, in terms of revenues and customers as well. It may be recalled that Mobilink has been consistently loosing customers lately. While on the other hand as Mobilink’s head, Mr. Khaliq was unable to control the operating expenses, which significantly went up due to liverish style that is now identity of Mobilink.

Update: Zouhair Khaliq has resigned from Mobilink – ARY TV News Tickker

We are also told that we may see major re-shuffle in Mobilink’s higher hierarchy in coming couple of weeks.

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