Veon appoints joint chief operating officers

Veon appoints joint chief operating officers

28 October 2019 | Natalie Bannerman

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Veon has named Kaan Terzioğlu and Sergi Herrero as joint chief operating officers of the Veon Group.

Herrero joined Veon on 1 September 2019 from Facebook and Terzioğlu start on 1 November 2019.

“The pairing of Kaan and Sergi creates a formidable combination for VEON with each bringing complementary skills and experience, said Ursula Burns, chairman and CEO, Veon. “Together they will work to accelerate the delivery of our strategy and reflect the continued strengthening of our senior leadership team.”

Terzioğlu joins as a member of Veon’s group executive committee and reports directly to Burns. In this new role, he will focus on executing the transformation of the core connectivity business.

As for Herrero, he will continue as chief operating officer, focused on developing new revenue streams and is also a member of the group executive committee.

As co-COOs, Terzioğlu and Herrero will jointly drive the growth agenda of accelerating Veon’s core connectivity business while developing new high growth adjacent digital revenues and venture businesses.

Kjell Johnsen, the current group chief operating officer, will step down from his position on 1 November 2019 but will continue to support the group as an advisor.

“I’d like to thank Kjell for his positive impact over the past several years, firstly as the CEO of Beeline Russia and chairman of Wind Italy and most recently as Group COO,” added Burns. “I look forward to continuing to work with Kjell in his role as an adviser and wish him the best in his new endeavours.”

Earlier this month, Burns spoke exclusively to Capacity about her roadmap for the company, including her radical plans to reverse her predecessor’s strategy at Veon. Click here to read the full interview in the October/November issue of Capacity Magazine.