Jan Kees de Jager has been appointed as the new CFO of KPN as the Dutch operator looks to shake up its management structure following the sale of E-Plus.

A former Minister of Finance in the Netherlands government, de Jager will take up his new role on 1 November.

Since resigning from government in 2012, the 45-year-old co-founded an eBusiness solutions firm called ISM eCompany.

He said: “KPN is one of the leading Dutch companies with a rich history and operates in a dynamic telecom landscape. I look forward to work closely with [CEO] Eelco Blok and the Board of Management, the Supervisory Board, KPN employees, shareholders and all other stakeholders.”

His appointment comes as part of a wider management shake up following the sale of its German subsidiary to Telefónica earlier this month.

KPN’s Board of Management will assume more direct control of operations by creating two new positions – a Chief Commercial Officer and a Chief Operating Officer.

Joost Farwerck, the current Managing Director of KPN Netherlands, will assume the role of CCO, while the hunt for a COO remains ongoing. In addition, the CEO of wholesale arm BASE will report directly to the CEO of KPN.

As already announced, Thorsten Dirks will step down as member of the Board of Management of KPN to become CEO of Telefónica Deutschland.

KPN CEO Blok commented: “The new management structure enables a functional and more direct control of KPN’s operating activities, leading to an even stronger customer focus and cost control.

“As part of the Simplification program we are simplifying our operating model, also by removing a number of management layers. The appointment of Jan Kees de Jager as our new CFO will help the successful execution of our strategy in The Netherlands and Belgium, supported by a solid financial profile and strong management structure.”

In the first three months of the year, KPN saw net profit fall by 98 percent and revenues decline by 8.2 percent.

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