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Veon Ltd.

October 10, 2011

VimpelCom Ltd appoints Group Chief Commercial Officer

Amsterdam (October 10, 2011) – VimpelCom Ltd. (NYSE: VIP) is pleased to announce that Mikhail Gerchuk joined VimpelCom Ltd. as Group Chief Commercial Officer and  member of the Management Board of the Company. Mikhail joins VimpelCom after serving for several years as Vice President and Chief Commercial Officer in Mobile TeleSystems (MTS), one of the leading telecommunications operators in Russia, Eastern Europe and Central Asia, as well as member of the Boards of Comstar, MGTS, MTS Ukraine and several other MTS subsidiaries. He will report directly to VimpelCom’s President and Group Chief Operating Officer Khaled Bichara and will formally start on October 11, 2011.      
As the Group Chief Commercial Officer and member of the Management Board, Mikhail Gerchuk will lead and develop the Company’s global commercial function and will harmonize and implement best commercial approaches across all Business Units.
Khaled Bichara, the Company’s President and Group Chief Operating Officer, said: “We are glad to announce the appointment of Mikhail Gerchuk, who has a great experience and background in international telecom markets and a strong expertise in marketing, sales and brand development. I am confident that VimpelCom will benefit from Mikhail joining our team of best-in-class managers to lead our enlarged business for further successful growth”.

 

 

 

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