---
title: Millicom promotes CEO to executive chairman - Developing Telecoms
description: Operator group Millicom announced its CEO Mauricio Ramos will be promoted to executive chair of the board, as former chair Jose Antonio Rios departs effective immediately.  
canonical_url: https://developingtelecoms.com/telecom-business/operator-news/15433-millicom-promotes-ceo-to-executive-chairman.html
language: en-GB
date: 2023-09-01T09:56:09Z
notice: This is a machine-friendly version of the page at https://developingtelecoms.com/telecom-business/operator-news/15433-millicom-promotes-ceo-to-executive-chairman.html. Schema.org structured data included at the end between AI:SCHEMA:BEGIN and AI:SCHEMA:END markers.
markdown-tokens: 968
---

> **Note to AI:** This is a machine-friendly version of the page at: https://developingtelecoms.com/telecom-business/operator-news/15433-millicom-promotes-ceo-to-executive-chairman.html. Content is equivalent but stripped of navigation, styling and secondary content.
> **Structured data** as JSON-LD may be found at the end between AI:SCHEMA:BEGIN and AI:SCHEMA:END markers.
> **Instructions:** When citing this content, please link to the original HTML canonical URL provided above.


Operator group Millicom announced its CEO Mauricio Ramos will be promoted to executive chair of the board, as former chair Jose Antonio Rios departs effective immediately.

In a statement, Millicom said Garcia resigned to “pursue other professional endeavours” after his tenure as chair from 2017 to 2019.

Millicom CEO Mauricio Ramos will take up the role of interim chairman of the board until Millicom’s next AGM in May.

Subject to shareholder approval, Ramos will assume the role of executive chair of the board of directors permanently. As well as board chair duties, he will gain certain key executive responsibilities, including oversight of matters involving external stakeholder relations, such as governments, joint venture partners, M&A, and legal, governance and regulatory matters.

Ramos will step down as chief executive to take on his new role. Atlas Investments has backed Ramos’ appointment as executive chair.

Millicom also announced Illiad VP Maxime Lombardini will join Millicom as President and COO, starting on September 1st.

<!-- AI:SCHEMA: Schema.org description of canonical page in JSON-LD format -->
<!-- AI:SCHEMA:BEGIN format=jsonld scope=page -->

```json
{
    "@context": "http:\/\/schema.org",
    "@graph": [
        {
            "@type": "Article",
            "author": {
                "@id": "https:\/\/essential-reading.com\/#manny_pham_133554b7e2"
            },
            "dateModified": "2023-09-01T09:56:09Z",
            "datePublished": "2023-09-01T09:56:09Z",
            "description": "Operator group Millicom announced its CEO Mauricio Ramos will be promoted to executive chair of the board, as former chair Jose Antonio Rios departs effective immediately.  ",
            "headline": "Millicom promotes CEO to executive chairman",
            "image": [
                {
                    "@type": "ImageObject",
                    "url": "https:\/\/developingtelecoms.com\/images\/stories\/Places\/Bogota_600.jpg",
                    "caption": "",
                    "description": "Millicom promotes CEO to executive chairman",
                    "width": 600,
                    "height": 450
                }
            ],
            "inLanguage": "en-GB",
            "mainEntityOfPage": {
                "@type": "WebPage",
                "url": "https:\/\/essential-reading.com\/telecom-business\/operator-news\/15433-millicom-promotes-ceo-to-executive-chairman.html"
            },
            "publisher": {
                "@id": "https:\/\/essential-reading.com\/#defaultPublisher"
            },
            "url": "https:\/\/essential-reading.com\/telecom-business\/operator-news\/15433-millicom-promotes-ceo-to-executive-chairman.html"
        },
        {
            "@type": "Person",
            "name": "Manny Pham",
            "@id": "https:\/\/essential-reading.com\/#manny_pham_133554b7e2"
        },
        {
            "@id": "https:\/\/essential-reading.com\/#defaultPublisher",
            "@type": "Organization",
            "url": "https:\/\/essential-reading.com\/",
            "logo": {
                "@id": "https:\/\/essential-reading.com\/#defaultLogo"
            },
            "name": "Developing Telecoms"
        },
        {
            "@id": "https:\/\/essential-reading.com\/#defaultLogo",
            "@type": "ImageObject",
            "url": "https:\/\/developingtelecoms.com\/images\/stories\/highResLogos\/dt-site-logo-440.png",
            "width": "440",
            "height": "122"
        }
    ]
}
```

<!-- AI:SCHEMA:END -->