VEON group last week announced the appointment of Sergi Herrero and Kaan Terzioğlu as co-Chief Executive Officers, effective from March 1st, 2020.
Ursula Burns, who was appointed as Executive Chairman in July 2017 and CEO in December 2018, will remain as VEON's Chairman.
Kaan and Sergi will jointly drive performance in the Group, with complementary focus areas. Kaan will lead on VEON's core telecommunication services and oversee operations in Russia, Kazakhstan, Uzbekistan, Kyrgyzstan and Georgia. Sergi will lead on building new ventures, digital products, partnerships and oversee operations in Pakistan, Ukraine, Algeria, Bangladesh and Armenia.
Sergi and Kaan become co-CEOs following four months as VEON's Joint Chief Operating Officers. Before joining VEON, Sergi served as Facebook's Global Director of Payments and Commerce Partnerships where he helped to build and expand Facebook's successful payments business. Kaan was previously CEO of Turkcell, leading it through a successful transformation to a digital operator.
