AMSTERDAM, April 28, 2020 /PRNewswire/ -- VEON Ltd.
(NASDAQ: VEON) and (Euronext Amsterdam: VEON), a leading global
provider of connectivity and digital services, announces the
appointment of Erwan Gelebart as Chief Executive Officer of
JazzCash from May 18 this year. He
will report to VEON's co-CEO Sergi
Herrero.
JazzCash is Pakistan's leading
digital wallet with 7.3 million active users at the end of last
year.
Erwan has more than 15 years' experience, including the launch
and scale-up of digital financial services in Bangladesh, Ghana, Madagascar and Mali and while at EY Parthenon, Orange Money
and Grameenphone.
Commenting on the appointment, Sergi said: "With 7.3 million
active digital wallets, JazzCash has enormous potential in
Pakistan - a country with a young,
fast-growing population of more than 200 million. Erwan's
background of success and entrepreneurial spirit will play a
crucial part in our growth plans for JazzCash over the coming
period."
Erwan said: "I am excited to join VEON as it executes on a
strategy of growing its connectivity business while building out
digital services across all ten operating companies. JazzCash has
never been more important in addressing Pakistan's unbanked population and encouraging
greater financial inclusion in an increasingly cashless world."
Erwan holds a MBA from the Asian Institute
of Technology as well as a Master in Management from the
SKEMA Business School.
About VEON
VEON is a NASDAQ and Euronext Amsterdam-listed global provider
of connectivity and internet services, headquartered in
Amsterdam. Our vision is to
empower customer ambitions through technology, acting as a digital
concierge to guide their choices and connect them with resources
that match their needs.
For more information visit: http://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, expectations regarding management plans and the ability to
successfully execute operating model, governance and development
plans. 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.
VEON
Contacts
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Communications
Kieran
Toohey
pr@veon.com
Tel: +31 20 79 77
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Investor
Relations
Nik
Kershaw
ir@veon.com
Tel: +31 20 79 77
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SOURCE VEON Ltd