Friday, April 3, 2020

VEON Appoints Alexander Torbakhov as Beeline Russia CEO

AMSTERDAM, April three, 2020 /PRNewswire/ -- VEON Ltd. (NASDAQ: VEON) (Euronext Amsterdam: VEON), a number one world issuer of connectivity and digital features, announces the appointment, helpful from 6 April, of Alexander Torbakhov as Chief executive Officer of Beeline Russia, VEON's operations in Russia.

Alexander has more than 25 years' event, together with most these days at X5 Retail group and Sberbank, Russia's largest retailer and biggest bank, respectively.  At Sberbank, he served on its board as Deputy Chairman and managed retail banking operations, together with the enlargement of digital items and services to more than 80 million shoppers. Alexander in short led Beeline Russia's operations a decade ago.

Alexander will record to VEON's co-CEOs Sergi Herrero and Kaan Terzioglu.

Commenting on the appointment, Kaan and Sergi talked about: "Alexander is a respected enterprise determine in Russia and brings with him a wealth of success from one of the most nation's largest buyer and technology businesses. His journey and management might be important as we proceed to transform the operational and economic efficiency of Beeline Russia."

Alexander stated: "Beeline is certainly one of Russia's strongest brands and i seem to be ahead to leading the company and continuing the operational and economic transformation that all started a couple of months in the past. The coronavirus pandemic has once more highlighted the importance of connectivity and digital features for society and that i'm dedicated to putting consumers at the centre of Beeline's future strategy."

Alexander holds a MBA from the university of Chicago sales space school of company and in the past graduated from the Moscow Aviation Institute and the Moscow State Institute of foreign family members.

About VEON

VEON is a NASDAQ and Euronext Amsterdam-listed world company of connectivity and cyber web features, headquartered in Amsterdam. Our vision is to empower consumer ambitions via expertise, performing as a digital concierge to guide their selections and attach them with components that suit their needs. 

For extra suggestions visit: http://www.veon.com.

Disclaimer

This free up contains "ahead-looking statements", as the phrase is described in area 27A of the U.S. Securities Act of 1933, as amended, and part 21E of the U.S. Securities change Act of 1934, as amended. ahead-looking statements aren't old facts, and include statements concerning, amongst other things, expectations concerning administration plans and the capability to effectively execute operating model, governance and building plans. ahead-looking statements are inherently area to risks and uncertainties, lots of which VEON can't predict with accuracy and some of which VEON may no longer even assume. The forward-looking statements contained in this liberate talk handiest as of the date of this liberate. VEON doesn't undertake to publicly replace, except as required with the aid of U.S. federal securities laws, any forward-searching observation to reflect routine or instances after such dates or to replicate the occurrence of unanticipated pursuits.

VEON Contacts

Communications

Kieran Toohey

pr@veon.com

Tel: +31 20 79 77 200

Investor relations                   

Nik Kershaw

ir@veon.com                            

Tel: +31 20 79 seventy seven 200    

Cision View original content material:http://www.prnewswire.com/information-releases/veon-appoints-alexander-torbakhov-as-beeline-russia-ceo-301034534.html

source VEON Ltd

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