VEON Welcomes Vitaly Shmakov as New Acting General Counsel

Author: Thomas Cooper Updated: 06-17-2025 06:30 AM

VEON's Leadership Transition: Vitaly Shmakov Takes Charge

VEON Ltd. (Nasdaq: VEON), a prominent global digital operator, is excited to announce a significant appointment that showcases its commitment to strengthening its leadership team. Effective July 1, 2025, Vitaly Shmakov will step into the role of Acting General Counsel at VEON’s headquarters in the Dubai International Financial Center.

Vitaly Shmakov's Professional Journey

Bringing nearly two decades of experience in mergers and acquisitions (M&A) and corporate law, Vitaly has been an integral part of VEON since 2016. His previous roles within the company include Deputy General Counsel for Corporate, M&A and Strategic Transactions, Associate General Counsel, and Senior Legal Counsel. Before his tenure at VEON, he was a Senior Associate at Ashurst LLP, a well-respected international law firm in London. He holds two LL.M degrees—one in International Business and Trade Law from NYU and another in Corporate & Financial Services from the National University of Singapore. Currently, he is pursuing an Executive MBA at the London Business School.

A Perfect Fit for Leadership

Augie K Fabela II, Chairman of the VEON Board and Founder, expressed confidence in Vitaly's capabilities, stating, “With a career spanning nearly 20 years in M&A and corporate law, Vitaly is a great candidate to lead our stellar legal team as our Acting General Counsel. This appointment demonstrates the success of our talent strategy: we transform our business for accelerated growth while also nurturing our talent to address evolving company needs.”

Contributions to VEON's Success

Vitaly's influence at VEON has been substantial, playing leadership roles in many impactful M&A transactions that have shaped the company's trajectory. Kaan Terzioglu, VEON Group CEO, highlighted Vitaly's contributions, stating, “With his expertise in corporate development and corporate law and nearly ten years at VEON, I am confident that Vitaly will make a strong contribution to VEON’s continued success in his new capacity.” His extensive knowledge and experience will be vital as VEON embarks on its transformative initiatives, including plans to list Kyivstar on the Nasdaq, enhancing its global reach.

The Vision Behind VEON

VEON is more than just a digital operator; it is a provider of connectivity and digital services to approximately 160 million customers. The company operates across six diverse countries, impacting more than 7% of the world’s population. VEON’s mission is to transform lives through technology-driven services that empower individuals and stimulate economic growth. As a NASDAQ-listed company, VEON continuously strives to innovate and expand its services in an ever-evolving digital landscape.

Contacting VEON

For more information about VEON's initiatives and leadership, you can reach out through their communications channel at this email address: pr@veon.com.

Frequently Asked Questions

Who is Vitaly Shmakov?

Vitaly Shmakov is the newly appointed Acting General Counsel of VEON, with extensive experience in corporate and M&A law.

What was Vitaly Shmakov's role before becoming Acting General Counsel?

Before his current position, he served as Group Director of M&A and Strategic Transactions at VEON.

What are VEON's primary services?

VEON provides digital connectivity and services to nearly 160 million customers across six countries.

Where is VEON headquartered?

VEON is headquartered in the Dubai International Financial Center.

What future plans does VEON have?

VEON plans to enhance its growth and connect more customers while also preparing for the listing of Kyivstar on the Nasdaq Stock Market.

About The Author

Hello, I'm Thomas Cooper, a financial expert and writer passionate about helping people understand and navigate the financial world. Having a solid financial background and a lot of experience, my area of expertise is simplifying difficult financial ideas into useful, understandable guidance. My goal with my writings and blog entries is to provide you the information and resources you need to make wise financial choices.

I am thrilled to contribute my ideas and engage with a lively investor community at Investors Hangout, where I recently joined the team. My mission is to make finance interesting and approachable so you may take charge of your financial future. I appreciate you coming along on this path to success and financial knowledge.

Contact Thomas Cooper privately here. Or send an email with ATTN: Thomas Cooper as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.