VEON Bolsters Strategic Decision-Making with New GEC Appointments

VEON Ltd. (NASDAQ: VEON), a global digital operator, has bolstered its strategic decision-making process by appointing two of its operating company CEOs to its Group Executive Committee (GEC). Aamir Ibrahim, CEO of Jazz and the Chair of Mobilink Bank in Pakistan, and Evgeniy Nastradin, CEO of Beeline Kazakhstan, have joined the GEC effective 1 January 2025, in addition to their country CEO responsibilities. This move is expected to enhance VEON's strategic alignment to its markets and drive growth for all stakeholders.

Aamir Ibrahim's experience in transforming VEON's financial services in Pakistan into a game-changer for the country will enable him to contribute to the Group's ambitious digital services-driven growth plans. His insights into the Pakistan operations will help the GEC make informed decisions about the Group's financial services businesses. Additionally, Evgeniy Nastradin's leadership in creating and expanding QazCode into a leading digital enterprise solutions provider in Kazakhstan will support the evolution of VEON's technology companies into market-transforming players. His expertise in technology and digital services will be invaluable in shaping the GEC's strategies for VEON's technology companies.

These appointments will further strengthen VEON's strategic alignment to its markets and enable the GEC to make more informed decisions about the Group's growth plans. By having representatives from key operating companies on the GEC, VEON can better understand and address the unique needs and opportunities of its markets, ultimately driving growth and value for all stakeholders.

As VEON Group CEO Kaan Terzioglu stated, "I'm delighted to welcome Aamir and Evgeniy to the GEC. Their experience and expertise will be invaluable in driving VEON's growth agenda and creating value for all of our stakeholders."



In conclusion, VEON's appointment of Aamir Ibrahim and Evgeniy Nastradin to the GEC reflects the company's commitment to strengthening its strategic decision-making process and driving growth through digital services. By leveraging the expertise of its operating company CEOs, VEON is well-positioned to capitalize on market opportunities and create value for all stakeholders. As an investor, keeping an eye on VEON's strategic moves and market performance can provide valuable insights into the company's growth potential.