Denis O’Brien’s reign as Digicel chair comes to a close as firm completes debt re-structuring

Irish entrepreneur has been succeeded by Rajeev Suri

Denis O’Brien: the Irish businessman’s stake has been diluted to 10 per cent, while three of the company’s main bondholders take control of the firm. Picture: CollinsPhotoAgency

Rajeev Suri has officially succeeded Denis O’Brien as the chairman of Digicel after the company completed its debt-restructuring process.

Suri is in situ as chairman of the telecom giant while O’Brien remains on the board and a shareholder in the company, a spokesperson for the company confirmed to the Business Post.