Posted on 11/14/2023 10:43:58 AM PST by Ultra Sonic 007
Amsterdam, 14 November 2023 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that former U.S. Secretary of State Michael R. Pompeo will join the Board of Directors of VEON’s wholly-owned Ukrainian subsidiary Kyivstar as an independent non-executive director. Secretary Pompeo joins in his capacity as a Partner of Impact Investments, a newly established US-based strategic and financial advisory and investment firm which seeks to develop long-term partnerships with the world’s leading companies across a range of industries and geographies.
In addition, VEON Group CEO Kaan Terzioglu has been appointed as Chair of the Kyivstar Board of Directors.
These changes to Kyivstar’s Board of Directors reflect VEON’s commitment to Ukraine and to the recovery and reconstruction of the country. As previously announced, VEON has committed USD 600 million in investments in Ukraine over the next three years alongside the launch of its “Invest in Ukraine NOW!” initiative, inviting other international companies to commit to Ukraine’s rebuilding. With a commitment to providing services in Ukraine, VEON has exited Russia, announcing the completion of the sale of its Russian subsidiary on 9 October 2023.
“VEON has made the clear choice to serve Ukraine through its wholly owned subsidiary Kyivstar, whose heroes have kept Ukraine and Ukrainians connected through the darkest days of war and who continue to serve Ukraine by maintaining 94% mobile network availability,” said Kaan Terzioglu, VEON Group CEO and Kyivstar Board Chair. “I am delighted to welcome Secretary Pompeo to the Board of this outstanding company, that he joins with strong support from our various US stakeholders. We look forward to the knowledge and experience that Secretary Pompeo will contribute to Kyivstar as an active and independent member of the Kyivstar Board.”
“I proudly join VEON and Kyivstar in their extraordinary service to the people of Ukraine by providing essential connectivity and digital services in health, education, business growth and entertainment. I also applaud Kyivstar’s parent company VEON for its leadership in investing in Ukraine with their own long-term commitment and their ‘Invest in Ukraine NOW!’ initiative,” said Mike Pompeo, Former U.S. Secretary of State and Kyivstar Independent Director. “It is through private enterprise and investments that Ukraine will secure its economic future and success, and I look forward to contributing to this laudable effort.”
Secretary Pompeo is a Partner of Impact Investments, a newly established US-based strategic and financial advisory and investment firm which is dedicated to advising, investing in and partnering with the world’s leading strategic companies across a range of industries and geographies. Impact will be supporting the management of Kyivstar and its parent company VEON in a number of key strategic initiatives regarding Ukraine.
Secretary Pompeo served as the 70th U.S. Secretary of State from 2018 to 2021 and the sixth Director of the Central Intelligence Agency from 2017 to 2018. Secretary Pompeo also represented the state of Kansas in the U.S. House of Representatives from 2011 to 2017 and was the CEO of Thayer Aerospace from 1996 to 2006. He graduated from the United States Military Academy at West Point and holds a J.D. from Harvard Law School.
So anyone on a Board is no good?
this is right up there with biden sitting on the board of burisma, with no experience in the energy business. But to burisma, he was worth $80k a month , if only to get access to corn pop. Wonder who pompeo is stooging for....
Logic is not your strong suit. There are lots of good people on boards, of course. I’ve worked with quite a few of them.
But lots of boards seek high-profile people to capitalize on their names. Just look at the BOD names on Theranos. Either the board members turn out to be naive or they turn out to be con artists, charlatans, grifters, and neer-do-wells just selling their names to get rich and influence the other members to their own profit motives. They are human after all.
That grifting crazed sex poodle Algore comes to mind.
He’s a good guy eh? Ran the CIA and did nothing to the CIA agents colluding with the FBI and MI6, and Hillary Clinton attacking Trump with Russia Gate.
Ran the State Department and did nothing about diplomats lying in Congress at Trump’s impeachment for looking into Ukrainian corruption. And now? His 30 pieces of silver.
I used to like him too, along with many Trump had appointed.
And now it comes out that he's joining the board of directors of a Ukrainian telecom company.
So maybe not a "conflict of interest" in the strictest sense, since Pompeo currently doesn't represent the United States in an official capacity...but it definitely smacks of "quid pro quo".
The money and corruption gravy train just goes on and on for the uniparty.
So much for his integrity. Unless, of course, he plans on cleaning it up...
😂😹🤣😂
Did you support Pompeo when he was toying with a Presidential run? Has he kept the weight off that he lost to look less like the pigs in Animal Farm?
Pompeo is one of many made guys in the Biden syndicate and others.
suggest reading Breaking Biden book many dots are connected.
I find him very likable, but his CIA background makes me not trust him.
Pompeo was Derp State Dirty. Nice little reward.
He was always a dirtbag. Never like this person. For good reason too.
He is a good actor but he is a swamp creature.
ButButBut Kansas... /S
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