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Stock impact report

VEON Appoints Erwan Gelebart as JazzCash CEO

VEON Ltd. - American Depositary Shares (VEON) 
US:NASDAQ Investor Relations: veon.com/investor-relations
Company Research Source: PR Newswire
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 V Show less Read more
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