The CEO of Vodafone Spain, Colman Deegan, has informed the company of his decision to leave his position on March 31

, although he will remain linked advising on strategic projects of the Vodafone Group until the end of July, when his final departure will take place.

Vodafone has already started a process to select a new CEO for the business in Spain, as reported this Thursday.

The company has highlighted that in the last two years, as CEO of Vodafone Spain, Deegan has made a significant contribution,

leading the company during the end of the pandemic

at a critical moment in the Spanish telecommunications market.

"Maintaining profitability,

Deegan has promoted a deep transformation of the business focused on the search for efficiency

, the simplification of processes, the improvement of the customer experience, as well as the promotion of a new commercial strategy and the entry into new businesses Likewise, it has strengthened relations with the administration with the purpose of creating the conditions for improving competitiveness, profitability and investment in the sector", the firm highlighted.

During this period, as the firm has underlined,

Deegan has laid the structural and operational foundations for improving competitiveness

, anticipating the strategic decisions necessary to capture growth opportunities in a changing market scenario.

Deegan

began his career at Vodafone 25 years ago, holding relevant positions such as Group Head of M&A, CFO at Vodafone India and Vodafone Italy, and as CEO of Vodafone Turkey

, where revenues doubled during one tenure. marked by the transformation of the business and the promotion of digitization.

Vodafone Spain is integrated, with effect from January 12, into the European Cluster

.

"This reflects the simplification efforts of the Vodafone Group and represents an opportunity to accelerate the return to business growth in Spain, thanks to the support of a management team led by Serpil Timuray, current CEO of the Vodafone European Cluster", underlined the operator.

Serpil has been CEO of the European Cluster since October 2018 and a member of the Executive Committee of the Vodafone Group since 2014. Previously, she held the position of Director of Commercial Operations and Strategy of the Vodafone Group as well as that of regional CEO for AMAP (Africa, East Middle and Asia-Pacific).

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