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Press release from PR Newswire

Yogesh Malik appointed as Group CTO

Monday, March 24, 2014

Yogesh Malik appointed as Group CTO

03:00 EDT Monday, March 24, 2014

AMSTERDAM, March 24, 2014 /PRNewswire/ -- "VimpelCom Ltd." ("VimpelCom", "Company" or "Group") (NASDAQ: VIP) a leading global provider of telecommunications services, today announces the appointment of Yogesh Malik as Group Chief Technology Officer, with immediate effect. Yogesh has also been appointed a member of the Group Executive Board and the Group Management Board.

Commenting on the appointment Jo Lunder, CEO of VimpelCom Ltd., said: "I am very pleased to welcome Yogesh Malik to our team. Yogesh is a highly experienced manager and technology leader with a track record of success in both mature and emerging markets, including in Bangladesh and Ukraine."

Before joining VimpelCom Yogesh Malik was the Chief Executive Officer of Uninor, an Indian mobile network operator majority owned by the Telenor Group. In Uninor he held a variety of senior positions from 2010 to 2013.  Prior to his appointment as CEO, Yogesh led the Uninor operations as COO covering the areas of Technology, Regulatory and Customer care.

Yogesh' career includes appointments as CTO of Grameenphone in Bangladesh, CTO of Kyivstar in Ukraine and Head of Technology & Sourcing at Telenor Group headquarters in Norway. He also worked for TIW, Tata/AT&T and Ericsson in Czech Republic, Brazil, China and Canada in various senior positions. Yogesh holds an Engineering Degree in Electronics from MSU University, Baroda in India and is an Executive MBA graduate from IMD, Lausanne, Switzerland.

About VimpelCom

VimpelCom is one of the world's largest integrated telecommunications services operators providing voice and data services through a range of traditional and broadband mobile and fixed technologies in Russia, Italy, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, Laos, Algeria, Bangladesh, Pakistan, Burundi, Zimbabwe, Central African Republic and Canada. VimpelCom's operations around the globe cover territory with a total population of approximately 753 million people. VimpelCom provides services under the "Beeline", "Kyivstar", "djuice", "WIND", "Infostrada" "Mobilink", "Leo", "banglalink", "Telecel", and "Djezzy" brands. As of December 31, 2013 VimpelCom had 220 million mobile subscribers on a combined basis. VimpelCom is traded on the NASDAQ Global Select Market under the symbol (VIP). For more information visit: http://www.vimpelcom.com.

SOURCE VimpelCom Ltd.

For further information: Investor Relations - VimpelCom Ltd., Gerbrand Nijman, ir@vimpelcom.com, Tel: +31 20 79 77 200 (Amsterdam); Media and Public Relations - VimpelCom Ltd., Bobby Leach/Artem Minaev, pr@vimpelcom.com, Tel: +31 20 79 77 200 (Amsterdam)

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