Telus has announced that longtime Chief Executive Darren Entwistle will step down, with Victor Dodig taking over as the new CEO of the Canadian telecom giant. The leadership change marks the end of Entwistle's tenure at the helm of one of Canada's largest telecommunications companies.

The transition comes as Telus continues to navigate a competitive telecommunications landscape in Canada. Entwistle, who has led Telus for many years, will hand over the reins to Dodig, who previously served as the CEO of CIBC, one of Canada's major banks. This appointment brings significant financial sector experience to Telus's leadership team.

Dodig's move from banking to telecommunications represents a notable shift in his career trajectory. The appointment suggests Telus is looking to leverage Dodig's financial expertise as the company faces ongoing challenges in the Canadian telecom market. The leadership change signals a new direction for Telus as it continues to compete with other major players in the industry.