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The former head of the US State Department will join Kyivstar’s board of directors

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Mike Pompeo has joined as a partner at Impact Investments, a newly formed advisory and investment firm based in the US.

Former 2018-2021 US Secretary of State Mike Pompeo will join the board of directors of mobile operator Kyivstar as an independent non-executive director. This was announced yesterday by the press service of VEON Group, which is the main shareholder of Kyivstar.

“Upon becoming a statesman, Pompeo joins as a partner at Impact Investments, a newly formed US-based strategic and financial advisory and investment firm that aims to build long-term partnerships with the world’s leading companies across industries and geographies,” the statement said.

Commenting on his appointment, Mike Pompeo said he was “proud to join VEON and Kyivstar.”

“I am proud to join VEON and Kyivstar in their incredible service to the people of Ukraine. I also congratulate Kyivstar’s parent company VEON for its leadership in investing in Ukraine and the Invest in Ukraine NOW initiative (Invest in Ukraine NOW). I believe that free enterprise and investments will ensure Ukraine’s economic future and success. I look forward to contributing to these laudable efforts,” he said.

Another Kyivstar decision was the appointment of VEON Group CEO Kaan Terzioglu as the head of the company’s board of directors.

“VEON has made a clear choice to serve Ukraine through its subsidiary Kyivstar. I am delighted to welcome Secretary of State Pompeo to the supervisory board of this stellar company, with the strong support of our shareholders in the United States Unidos,” he commented on his company’s decision.

VEON emphasized that “these changes to Kyivstar’s board of directors are a reflection of VEON’s dedication to Ukraine, its revival and restoration,” and confirmed plans to invest $600 million in Ukraine over the next three year.

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Mike Pompeo served as the 70th Secretary of State of the United States from 2018 to 2021 during the presidency of Donald Trump. He also served as director of the CIA from 2017 to 2018. He previously represented Kansas in the US House of Representatives. He graduated from West Point Military Academy and received a doctorate from Harvard Law School.

Let’s recall that the international telecom holding VEON, headquartered in the Netherlands, whose shares are listed on the American NASDAQ stock exchange and the European Euronext, has finally and irrevocably left the Russian market.

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Source: korrespondent

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