Mohammad Khairil Abdullah will join the VEON Group as Chief Executive Officer of VEON Ventures, according to VEON Ltd, a leading global provider of connectivity and internet services.
Khairil is currently employed by the Axiata Group, a leading South-East Asian mobile operator. He built and operated successful digital businesses in data, artificial intelligence, fintech, and system integration as CEO of Axiata Digital Services, while securing attractive venture capital opportunities and relevant external funding. Prior to joining Axiata in 2012 as Group Chief Marketing and Operations Officer, Khairil worked for Bain & Company for 15 years, eventually becoming the firm’s South-East Asia telco practice managing partner.
“I am delighted to welcome Khairil to the role of CEO of Ventures. He brings world-class experience and expertise to a critical area for the success of VEON “, said VEON Chairman Gennady Gazin. “With Khairil at the helm, we will sharpen our focus on digital ventures, propelling JazzCash, Toffee, and ShopUp to new heights, as well as other exciting initiatives in Ukraine, Kazakhstan, and throughout VEON’s footprint. Khairil and his team will continue to focus on our primary goal of creating and monetizing outstanding assets in order to deliver strong shareholder value.”
“Ventures is one of our three main vectors of growth and value generation that we presented at our Investor Day,” said VEON CEO Kaan Terziolu. “Khairil will contribute to the success of our Group ambitions with his deep expertise in growing and developing digital assets, combined with a deep knowledge of telcos, leveraging all related cross-synergies while pursuing high-growth opportunities with the flexibility offered by a dedicated company.”
Khairil’s new position will take effect on March 1, 2022. He will be based in Amsterdam, alongside the Group’s executive team.