VEON Ltd., a leading global provider of connectivity and internet services, announced the results of the elections conducted at its Annual General Meeting of Shareholders held earlier today. Former Turkcell CEO Kaan Terzioglu, elected to the Board of Directors.
Shareholders elected one new member of the Company’s Board of Directors, Muhterem Kaan Terzioğlu, as well as eleven previously serving directors, Ursula Burns, Guillaume Bacuvier, Osama Bedier, Mikhail Fridman, Gennady Gazin, Andrei Gusev, Gunnar Holt, Sir Julian Horn-Smith, Robert Jan van de Kraats, Guy Laurence and Alexander Pertsovsky. With the election of Mr. Terzioğlu, the Board will increase from eleven to twelve members, including the reelected eleven previously serving directors.
Mr. Terzioğlu brings to the Board considerable experience in mobile telecommunications and the Eurasian market. He served as Turkcell’s Chief Executive Officer from April 2015 until March 2019, and currently serves as a board member of several international institutions and organizations. Previously he served on the GMSA board, the leading international mobile communication organization, for three consecutive terms, and on the advisory board of the World Economic Forum Center for Fourth Industrial Revolution. He received the 2019 Outstanding Contribution Award to Mobile Industry in Turkey.
Shareholders also approved the reappointment of PricewaterhouseCoopers Accountants NV as the Company’s independent auditor.
Holders of approximately 99.47% of the Company’s shares were represented at the Annual General Meeting.