The latter joined Veon from Facebook on September 1, while the former will join on November 1.
Commenting on the appointments, Ursula Burns, Veon’s chairman and CEO, said: “The pairing of Kaan and Sergi creates a formidable combination for Veon with each bringing complementary skills and experience. Together they will work to accelerate the delivery of our strategy and reflect the continued strengthening of our senior leadership team.”
Terzioglu joins as a member of Veon’s group executive committee and reports to Burns. He will focus on executing the transformation of the core connectivity business. Meanwhile, Herrero will continue as COO, focused on developing new revenue streams. He will also be a member of the group executive committee. As co-COOs, they will jointly drive the growth agenda of accelerating Veon’s core connectivity business while developing new high growth adjacent digital revenues and venture businesses.
Kjell Johnsen, the current group COO, will step down from his position on November 1 but will continue to support the group as an adviser.
Burns said: “I’d like to thank Kjell for his positive impact over the past several years, firstly as the CEO of Beeline Russia and chairman of Wind Italy and most recently as group COO. I look forward to continuing to work with Kjell in his role as an adviser and wish him the best in his new endeavours.”