Mohammad Khairil Abdullah Joins VEON Management Team as CEO of VEON Ventures
AMSTERDAM, December 29, 2021 / PRNewswire / – VEON Ltd. (NASDAQ: VEON) (Euronext Amsterdam: VEON), one of the world’s leading providers of connectivity and internet services, announces that Mohammad Khairil Abdullah will join the VEON group as CEO of VEON Ventures.
Khairil is currently part of the Axiata Group, a leading mobile operator in the South East Asia. As CEO of Axiata Digital Services, he has built and operated successful digital companies in data, artificial intelligence, fintech and systems integration, while securing capital opportunities. attractive risk and relevant external financing. Prior to joining Axiata in 2012 as Group Marketing and Operations Director, Khairil worked at Bain & Company for 15 years, becoming its Managing Partner of the Telecommunications Practice for South East Asia.
âI am delighted to welcome Khairil as CEO of Ventures. He brings world-class experience and expertise to a key area for VEON’s success, âsaid Gennady Gazin, President of VEON. âWith Khairil at the helm, we will accelerate our focus on digital businesses, taking JazzCash, Toffee and ShopUp to the next level, along with other great initiatives in Ukraine, Kazakhstan and through the VEON footprint. Khairil and his team will continue to focus on our core mission: to create strong shareholder value by creating and monetizing exceptional assets. “
âVentures is one of our three main drivers of growth and value creation that we presented during our Investor Day,â said Kaan TerzioÄlu, CEO of VEON. âKhairil will contribute to the success of our Group’s ambitions thanks to its deep expertise in the growth and development of digital assets, associated with an in-depth knowledge of telecommunications, by exploiting all the associated cross synergies while pursuing strong growth opportunities with the flexibility offered by a company. “
Khairil’s new appointment will be effective from 1st of Marchst, 2022. He will be based in Amsterdam, together with the Group’s management team.
VEON is a global connectivity and digital services provider listed on NASDAQ and Euronext Amsterdam. Our businesses are transforming lifestyles with technology-driven services that provide opportunities in some of the world’s fastest growing emerging markets. For more information visit: https://www.veon.com
This press release contains “forward-looking statements” as defined in Section 27A of the US Securities Act of 1933, as amended, and Section 21E of the US Securities Exchange Act of 1934, as amended. Forward-looking statements are not historical facts and include statements relating, among other things, to the potential benefits of the appointment and the business initiatives described above. Forward-looking statements are inherently subject to risks and uncertainties, many of which cannot be predicted with precision and some of which may not even be anticipated by VEON. The forward-looking statements contained in this press release speak only as of the date of this press release. VEON does not undertake to publicly update, except as required by US federal securities laws, any forward-looking statements to reflect events or circumstances after these dates or to reflect the occurrence of unforeseen events.
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SOURCE VEON SA