stc’s CEO joins Telefónica board as new shareholders reset pecking order
Long-anticipated boardroom rejig sees stc boss Olayan Alwetaid confirmed as telco’s representative in Spain, following recent stake increase — but Spanish government expand its influence over decision-making in parallel.
This article includes:
- Geographic: Bahrain; Kuwait; Middle East; Saudi Arabia; Spain.
- Organisations: Aramco; BBVA; BlackRock; Central Bank of Saudi Arabia; Fundacion Bancaria Caixa d’Estalvia i Pensions de Barcelona; GSM Association; Indra; King Abdulaziz City for Science and Technology; King Fahd University of Petroleum and Minerals; La Caixa; Minsait; Public Investment Fund; Real Madrid; SAMENA Telecommunications Council; Saudi Digital Payments Company; Saudi Exchange; SEPI; stc; stc Bahrain; stc Group; stc Kuwait; stc Pay; stcPay; Telefónica; Telefónica Tech; University of Bristol.
- People: Ana María Sala; Ángel Vilá Boix; Carlos Ocaña; Francisco Riberas; Isidro Fainé Casas; Javier Echenique; José María Abril Pérez; Marc Murtra; Marc Thomas Murtra Millar; Nasser al-Nasser; Olayan Alwetaid; Olayan bin Mohammed Alwetaid.
- Themes: 3G; 5G; Artificial intelligence; Cybersecurity; Data centres; Digital bank; Digital media; Digital payments; Digital transformation; Electrical engineering; Financial services; Fintech; Internet of Things; IT services; Mobile operator; Telecommunications.
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