Orascom Development Holding AG announced that it has appointed Mr. Khaled Bichara as the new CEO effective 1 January 2016. Mr. Khaled Bichara, born 1971, is the CEO and Co-Founder of Accelero Capital. He served as Group President and Chief Operating Officer of VimpelCom Ltd, Group Chief Executive Officer of Orascom Telecom Holding S.A.E. as well as Chief Operating Officer of Wind Telecomunicazioni S.p.A.