Management change in VimpelCom
Amsterdam (April 19, 2013) - "VimpelCom Ltd" ("VimpelCom", "Company" or "Group") (NYSE: VIP), a leading global provider of telecommunications services, today announces that Elena Shmatova, Group Director of Business Control, Development and M&A, has decided to leave the VimpelCom Group to explore new opportunities outside the Company. Elena started her career with OJSC VimpelCom in 1999 in Moscow when she joined in the position of Financial Controller. In 2003, she was promoted to Chief Financial Officer and from 2005 to 2010 she served as Executive Vice President and CFO. In June 2010 Elena was appointed the General Director of OJSC VimpelCom and Member of the VimpelCom Management Board. In this capacity she led and managed the Russia Business Unit until December 2011. In January 2012, she joined the Finance team in Amsterdam in the role of Group Director Business Control, Development and M&A. Faaiz Hasan has been appointed to lead VimpelCom's M&A function and Business Control will continue with its current management team, reporting to the Group CFO.
Jo Lunder, VimpelCom Group CEO, commented: "I would like to thank Elena for her commitment to VimpelCom over many years and in many different roles. She has been a key player in VimpelCom's development into the company it is today. We will miss her contribution and wish her all the best in the future."
VimpelCom is one of the world’s largest integrated telecommunications services operators providing voice and data services through a range of traditional and broadband mobile and fixed technologies in Russia, Italy, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, Cambodia, Laos, Algeria, Bangladesh, Pakistan, Burundi, Zimbabwe, Central African Republic and Canada. VimpelCom’s operations around the globe cover territory with a total population of approximately 767 million people. VimpelCom provides services under the "Beeline", "Kyivstar", "djuice", “Wind”, "Infostrada" “Mobilink”, “Leo”, “banglalink”, “Telecel”, and “Djezzy” brands. As of December 31, 2012 VimpelCom had 214 million mobile subscribers on a combined basis. VimpelCom is traded on the New York Stock Exchange under the symbol (VIP). For more information visit: http://www.vimpelcom.com
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