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VimpelCom Names New CEO for Ukrainian Subsidiary

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Russia's VimpelCom has announced that Peter Chernyshov is to take over as CEO of its Ukrainian subsidiary, Kyivstar.

Peter Chernyshov will succeed Igor Lytovchenko, the Kyivstar founder, who has decided to retire from the company after 20 years in the role of CEO. The appointment will take effect from June 25, 2014.

Commenting on the appointment, Jo Lunder, VimpelCom CEO said: "I want to express our deepest thanks to Igor, who founded Kyivstar and led it to its current position as the leading mobile operator in the Ukrainian market."

Peter Chernyshov has 12 years of international CEO experience and has a strong financial track record. For several years he worked as the CEO of Carlsberg Group in Ukraine and later he was promoted to Vice-President responsible for six countries in Eastern Europe.

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Tags: kyivstar  vimpelcom  Ukraine