Chief Digital Officer David Plumb leaves O2 and Telefónica UK
David Plumb has stepped down...
Two senior executives have left telecommunications giant O2 as part of an ongoing reshuffle at the Telefónica-owned firm.
David Plumb has stepped down after serving as Chief Digital Officer since 2013, having worked for Telefónica O2 since 2005, when he was appointed as Head of Indirect Partners & Business Mobilisation.
Plumb then assumed the position of Head of SME Sales in 2008 - a post he held for nearly three years - before becoming General Manager of Enterprise business.
Also leaving the company is sales director Ben Dowd, who spent 12 years working in various roles across the business.
"We would like to place on record our sincere thanks for their hard work over the years with us," read a statement from O2.
In the interim, Oli Potter will assume the position of Chief Digital Officer, moving from his current role as Director of Wholesale.
Potter has worked for Telefónica since 2006, before joining its O2 arm in 2008 as Head of B2B Strategy & Planning.
Helping to lead and grow O2's wholesale business, Potter has accrued experience worked with IoT, mobile virtual network operations and promoting the Smart Meter Programme, delivering communications to over 20mn UK homes.
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Three unidentified, but likely reliable, sources told Reuters the order books for Bukalapak’s IPO were covered by multiples, with one source claiming the issue attracted more than $6 billion in demand despite being listed at the top of its indicated price range.
Bukalapak's 50x growth
Bukalapak was looking to raise just $300 million just a few months ago. The figure grew to $800 million before rising to $1.5 billion as investors jockeyed for a piece of the company.
Covid-19 has had a positive impact on many ecommerce operators, and Bukalapak also has strong investment lines via Singapore sovereign investor GIC and Microsoft, among others. The company focuses on micro, small and medium-sized enterprises.
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