Christoph Ahrendt new CFO at T-Systems

Christoph Ahrendt (43) will take over as the new Chief Financial Officer at Deutsche Telekom’s business customers segment T-Systems, effective March 3, 2016. His predecessor Thilo Kusch ( 50 ) had announced in December 2015 to leave his role in spring 2016.

“I am very pleased that we have gained Christoph Ahrendt for this position”, says T-Systems CEO Reinhard Clemens. "He has managed the financial matters of Telekom IT for nearly four years and is intimately familiar with T-Systems.”

"I would like to thank Thilo Kusch for his incredible commitment and the contributions he has made in over 15 years in a variety of leadership functions for the Group – and especially these last two years at T-Systems. During a difficult transformation phase, he played a key role in ensuring that we were able to meet the expectations set for us", says Clemens.

In his new role, Christoph Ahrendt will be responsible for both the Market Unit, Telekom IT, as well as Telekom Security. He joined Deutsche Telekom in 2002. Since that time, he has worked in a number of management positions, including Vivento and the Group Strategy unit. From 2009 until 2012 he served as Head of the Financial Performance Management unit for Deutsche Telekom AG. He has served as Head of Finance, Telekom IT since May 1, 2012.

Thilo Kusch joined the Group in 2001 to lead the planned IPO of T-Mobile International. From 2002, he was in charge of Investor Relations for the Deutsche Telekom Group during the debt reduction period. He became CFO of Magyar Telekom in 2006, where he played a key role in the turnaround of revenue and EBITDA. In 2013, as CEO of Makedonski Telekom, he was responsible for the successful completion of the first complete IP migration in Europe. He has served as Executive Board member Finance at T-Systems since January 1, 2014.

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About Deutsche Telekom
Deutsche Telekom is one of the world’s leading integrated telecommunications companies with more than 156 million mobile customers, 29 million fixed-network lines and around 18 million broadband lines (as of December 31, 2015). The Group provides fixed-network/broadband, mobile communications, Internet, and Internet-based TV products and services for consumers, and ICT solutions for business customers and corporate customers. Deutsche Telekom is present in more than 50 countries and has around 225,200 employees worldwide. The Group generated revenues of EUR 69.2 billion in the 2015 financial year – around 64 percent of it outside Germany.

About T-Systems
As one of the leading global ICT service providers, T-Systems supplies integrated solutions for business customers. These are based on global offerings in fixed-network and mobile communications, highly secure data centers, a unique cloud infrastructure built around standardized platforms and global partnerships, and top security in line with the strictest German data protection regulations, as demanded by our customers. With a footprint in more than 20 countries, 46,000 employees, and external revenue of 7.1 billion euros (2015),
T-Systems is the ideal partner for digital transformation. Alongside traditional ICT services,
T-Systems' portfolio also offers cloud access, custom infrastructure, and platforms and software from the cloud, alongside innovation projects in future business areas such as big data, the Internet of Things, machine-to-machine (M2M) communication, and Industry 4.0.