Kcell announces change in composition of executive body

21.12.20 21:29
/KASE, 21.12.20/ – Kcell (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following communique dated December 21, 2020: quote Kcell Joint Stock Company ("Kcell" or the "Company") (LSE, KASE: KCEL; AIX: KCEL, KCEL.Y), the leading provider of mobile telecommunications services in Kazakhstan, today announces that effective from 3 January 2021, Kaspars Kukelis, Chief Executive Officer and Chairman of the Management Board, leaves his post in connection with the transfer to another position in the Kazakhtelecom JSC group of companies. This decision was approved by the Company's Board of Directors on 18 December 2020. Yuri Kharlamov, member of the Management Board, Chief Financial Officer, has been appointed Acting Chief Executive Officer and Chairman of the Management Board effective from 3 January 2021 until a new Chairman of the Management Board is elected. The Board of Directors of the Company thanks Kaspars Kukelis for his contribution to the development of Kcell, noting that during his tenure the Company was able to achieve significant improvement in key financial and operational indicators. The Kcell Board of Directors wishes Kaspars success in his future projects. The new composition of the Management Board of Kcell JSC: 1. Yuri Kharlamov – member of the Management Board, Chief Financial Officer; Acting Chief Executive Officer and Chairman of the Management Board; 2. Sergey Yeltsov – member of the Management Board, Chief Legal Officer; 3. Askar Yesserkegenov – member of the Management Board, Chief Technical Officer. unquote This information is available on– https://kase.kz/files/emitters/KCEL/kcel_board_changes_211220_9763.pdf [2020-12-21]