Millicom Names Liberty Global's Mauricio Ramos CEO, Effective April 1

(RTTNews) - Swedish telecom and media company Millicom International Cellular S.A. (MICC, MIICF.PK) announced Tuesday that its Board has decided unanimously to appoint Mauricio Ramos as its new Chief Executive Officer with effect from April 1.

Millicom's CFO, Tim Pennington, has been acting as Interim CEO over the last few months.

Ramos was most recently President of Liberty Global's (LBTYA, LBTYB, LBTYK)Latin American Division, a position he held from 2006 until February 2015. Over the past fourteen years he has held a number of leadership roles at Liberty Global, including positions as Chairman and CEO of VTR in Chile, CFO of Liberty's Latin American Division and President of Liberty Puerto Rico.

He is also Chairman of TEPAL, the Latin American Association of Cable Broadband Operators.