Ursula Burns appointed CEO of VEON Group

ArmInfo. The leading provider  of telecommunications services and the Internet is the VEON group  (NASDAQ and Euronext Amsterdam: VEON), part of which is the Beeline  telecommunications company in Armenia announces the appointment of  Ursula Burns as president and CEO of the group. This is stated in the  official message VEON.

According to the source, since July 2017,  Ursula Burns served as Chairman of the Board of Directors, and since  May 2018, Executive Director General. During this time, the newly  appointed CEO has successfully implemented a simplified corporate  structure aimed at strengthening positions in emerging markets. 

<It is a great honor for me to be the President and CEO of VEON. The  company operates in various markets that are characterized by  population growth, where the number of smartphone users is growing  rapidly. This, in turn, suggests numerous opportunities for the  development of VEON. I will continue to lead VEON to greater success  with great pleasure, "she said.In turn, Julian Horn-Smith, head of  the VEON Council, said he was impressed by the efficiency of Ursula's  work and its management of the company.  <Ursula led the VEON group  to a $ 2.9 billion deal related to the sale of the company in Italy,  ensuring stable performance during the quarter. We are convinced that  her work as president and CEO will lead to further reform of the  company, "he concluded. 

Before joining VEON, Burns headed Xerox Corporation, in particular in  2009-2016 - she was the executive director of the company; in  2010-2017, she was chairman of the board of directors and Burns also  headed the Board of Directors of Exxon Mobil, Nestle and Uber.VEON  Ltd. (VEON Ltd. shares are listed on NASDAQ and Euronext Amsterdam)  is a global provider of communications, with a desire to be the first  in personal Internet services for more than 240 million customers  that the company serves at the moment. Note that CJSC (Beeline  trademark) is a member of the VEON group of companies, which is one  of the world's largest integrated telecom operators. The group  includes telecommunications companies that provide voice and data  services based on a wide range of wireless and fixed-line  technologies, as well as broadband Internet access to subscribers in  Russia, Italy, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia,  Georgia, Kyrgyzstan, Laos , Algeria, Bangladesh and Pakistan. Group  companies provide services under the brands "Beeline", "Kyivstar",  "Wind", "Mobilink", "Banglalink" and "Djezzy".