THE MIDDLE EAST’S
69. Andrew Kvålseth
Designation: Group CEO
Company: Beyon
Residence: Bahrain
Nationality: Norwegian
Sector: Diversified
Kvålseth assumed his current role in 2024. The company’s subsidiaries include Batelco by Beyon, Beyon Solutions, Beyon Money, Beyon Cyber, and Beyon Connect. In the first nine months of 2025, Beyon reported total assets of $3.4 billion and revenues of $971.6 million. In 2025, Beyon and its subsidiaries partnered with Bahrain’s Ministry of Education on digital learning, the Information & eGovernment Authority to launch Bahrain’s first AI-Ready Sovereign HyperCloud powered by Oracle Alloy, advanced aviation innovation with Gulf Air Group and Oracle, and unveiled Bahrain’s first White Space Data Centre. Kvålseth previously held the CEO role as well as various senior positions at Telenor Group.