
Amsterdam, 14 March 2022 - VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, announces the appointment of Atyab Tahir as Chief Executive Officer of JazzCash, the number one digital financial services provider in Pakistan and a division of Jazz, a VEON Group company that is Pakistan's leading mobile services provider.
Atyab is currently Country Manager of MasterCard Pakistan & Afghanistan and has over two decades of international experience in banking and consulting, including senior positions at Fidelity Investments, HBL, Telenor Bank and easypaisa.
We are very pleased that Atyab will lead JazzCash, which is a key driver of digital services growth in Pakistan, one of our core geographies, said Kaan Terzio lu, VEON's Chief Executive Officer.
JazzCash represents a huge value generation opportunity, and we are confident that Atyab's vast fintech background will help us reach a new level as we expand the services provided through the JazzCash mobile app, added Khairil Abdullah, CEO of VEON Ventures.
As shown in our full year 2021 earnings release published on 28 February 2022, JazzCash reported 15.2 million monthly active users (+24.9% YoY) and 130,800 monthly active merchants (+2.3 times YoY).
Atyab's appointment will be effective from 1 May 2022
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