VEON appoints Andrey Pyatakhin as the incoming CEO of Beeline Uzbekistan
October 14 2024 - 12:00PM
Amsterdam and Tashkent, 14 October
2024: VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON),
a global digital operator, announces that Andrey Pyatakhin has been
appointed as the incoming CEO of Beeline Uzbekistan following a
decision by current Beeline Uzbekistan CEO Andrzej Malinowski to
step down by the end of November 2024.
The incoming CEO of Beeline Uzbekistan, Andrey
Pyatakhin, joined VEON Group in 2001. In his more than 20 years
with VEON Group, Andrey has served in various capacities, including
as the CEO of Beeline Georgia, CEO of Beeline Armenia and most
recently as the CEO of Beeline Kyrgyzstan. Andrey completed the
Advanced Management program at Harvard Business School.
Andrzej Malinowski has been at the helm of
Beeline Uzbekistan since March 2021, leading the company’s
turnaround and transformation into a fast-growing digital operator
offering 4G connectivity across Uzbekistan and a portfolio of
consumer and enterprise digital services. Andrzej has been with
VEON Group since 2017, previously serving as the CEO of Beeline
Georgia. Following fifteen years living outside of his home country
of Poland, including the last seven with VEON, Andrzej is passing
the mantle to Andrey to spend more time with his family.
“I want to thank Andrzej Malinowski for the
impressive results that he has delivered transforming Beeline
Uzbekistan into a growth company. Under his leadership, Beeline
delivered consistent double-digit local currency topline growth
while expanding and upgrading the 4G network and creating a rich
portfolio of digital services ranging from fintech and
entertainment to adtech. I warmly welcome Andrey Pyatakhin to his
new position. As a 20-year veteran with VEON Group companies,
Andrey’s appointment underscores the deep bench of talent that we
have within VEON Group. I am confident that he will add new
momentum to Beeline Uzbekistan’s journey in line with our Digital
Operator strategy,” said Kaan Terzioglu, VEON Group
CEO.
Beeline Uzbekistan has advanced at an impressive
pace under Andrzej’s leadership, reporting 12 consecutive quarters
of double-digit local currency revenue growth. The company also
recently became the first tech company in Central Asia to receive
the Top Employer certification, demonstrating the digital
operator’s strong corporate culture.
About VEONVEON is a digital
operator that provides converged connectivity and digital services
to nearly 160 million customers. Operating across six countries
that are home to more than 7% of the world’s population, VEON is
transforming lives through technology-driven services that empower
individuals and drive economic growth. Headquartered in Amsterdam,
VEON is listed on Nasdaq and Euronext. For more information
visit: www.veon.com
Disclaimer This release
contains “forward-looking statements”, as the phrase is defined in
Section 27A of the U.S. Securities Act of 1933, as amended, and
Section 21E of the U.S. Securities Exchange Act of 1934, as
amended. Forward-looking statements are not historical facts, and
include statements relating to, among other things, VEON’s strategy
and divestitures. Forward-looking statements are inherently subject
to risks and uncertainties, many of which VEON cannot predict with
accuracy and some of which VEON might not even anticipate. The
forward-looking statements contained in this release speak only as
of the date of this release. VEON does not undertake to publicly
update, except as required by U.S. federal securities laws, any
forward-looking statement to reflect events or circumstances after
such dates or to reflect the occurrence of unanticipated
events.
Contact Information
VEON Hande Asik Group
Director of Communications pr@veon.com
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