Alex Kazbegi becomes Chief Strategy Officer of VEON and joins its Group Executive Committee

Alex Kazbegi becomes Chief Strategy Officer of VEON and joins its Group Executive Committee

(PRESS RELEASE) AMSTERDAM, 4-Feb-2019 — /EuropaWire/ — Alex Kazbegi, formerly Head of EMEA Telecom, Transportation, Infrastructure and Healthcare Research at Renaissance Capital, will lead VEON’s efforts in identifying growth and business development opportunities. Hi has just been appointed Chief Strategy Officer of the leading global provider of connectivity and internet services VEON Ltd. (NASDAQ and Euronext Amsterdam: VEON). Alex Kazbegi will also join VEON’s Group Executive Committee and will report directly to the Chairman and CEO, Ursula Burns. The appointment will be effective from 18 February 2019.

VEON’s Chairman and CEO Ursula Burns:

“Alex’s appointment is a further sign of the momentum that is building at VEON, as we seek to strengthen our core business and grow new revenue streams while remaining focused on ethics and compliance. His experience covering telecoms in Russia and other emerging markets will help the Group Executive Committee lead VEON towards more success and increased shareholder value.”

Alex Kazbegi has considerable experience in telecoms and infrastructure. Alex has spent more than 20 years in investment banking in Europe, Middle East and Africa (EMEA). Key industry surveys have ranked him as a leading telecoms analyst in Russia and the EMEA region.

Prior to joining VEON, Alex held the position of Managing Director and Head of EMEA Telecom, Transportation, Infrastructure and Healthcare Research at Renaissance Capital. While working for Renaissance Capital, Alex and his team covered about 30 stocks while playing a leading role in multiple high-profile IPOs. Earlier, Alex Kazbegi was a lead telecoms analyst for EMEA at Citigroup.

Alex Kazbegi holds dual British and Georgian citizenship. He holds an MBA from Tulane University in the USA and a PhD in Theoretical and Mathematic Physics from Tbilisi State University.

VEON, headquartered in Amsterdam, is a leading global provider of connectivity and internet services. The company is listed on NASDAQ and Euronext. For more information visit: veon.com

SOURCE: VEON