01 Jul 2016

VimpelCom expands culture and compliance leadership team

Amsterdam (19 July 2016) – VimpelCom (NASDAQ: VIP) today announces the appointment of J. Daniel (Dan) Chapman as Group Chief Compliance Officer. Dan joins VimpelCom from Cameron International Corporation, where he was Vice President, Chief Ethics and Compliance Officer.

Prior to joining Cameron in 2014, Dan was Chief Compliance Officer and Counsel for Parker Drilling, where he coordinated the company's overall compliance efforts. Before this, he was with Baker Hughes Incorporated (2002 – 2009), where he served in various legal and compliance roles. Dan has served as Vice Chairman of the American Bar Association’s Committee on International Anti-Corruption, and also as Vice Chairman of its Committee on Export Controls and Economic Sanctions. Ethisphere magazine has listed him as one of the top 25 Ethics and Compliance Officers in the world. He holds degrees from Emory University, the London School of Economics, and the University of Kentucky.

Enrique Aznar, after building and strengthening the global compliance function at VimpelCom for the past three years, will now take on the leadership role of Chief Values and Culture Transformation Officer – heading up a newly created function for the Group.  

Jean-Yves Charlier, Chief Executive Officer of VimpelCom, said:“As we drive forward VimpelCom's transformation, the continuous development and strengthening of our Group-wide compliance function, together with the embedding of a strong ethical culture, remains a top priority. World-class compliance throughout our operations and a strong ethical culture, are critical foundation points of our business. Together, Dan and Enrique will play a central role in the next phase of our transformation. We welcome Dan to the VimpelCom leadership team and thank Enrique for building our global compliance function to this point."

Scott Dresser, Group General Counsel of VimpelCom, said: “Dan will focus on the next phase of our Group’s Compliance development, building out a robust compliance framework. He has a strong track record in developing and implementing effective ethics and compliance programs in challenging international environments. Adding his experience to our leadership team will help us further enhance the implementation of our compliance program."

About VEON

VEON is a NASDAQ and Euronext Amsterdam-listed global provider of connectivity and internet services, with the ambition to lead the personal internet revolution for over 235 million customers it currently serves, and many others in the years to come.

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VEON considers portions of this press release to contain "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 can be identified by the use of words such as "may", "will", "plan", "should", "expect", "anticipate", "estimate", "continue" or comparable terminology and include statements relating to, among other things, the development of VEON’s compliance function. 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. Although VEON believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions at the time made, it can give no assurance that such expectations will be achieved. Future events and actual results, financial and otherwise, may differ materially from the results discussed in the forward-looking statements as a result of risks and uncertainties. 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. Furthermore, elements of this release contain, or may contain, "inside information" as defined under the Market Abuse Regulation (EU) No. 596/2014.

Contact Information

Investor Relations
Bart Morselt

Media and Public Relations
Maria Piskunenko

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