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NEW DIRECTOR FOR VIMPELCOM
Info-Prod Research (Middle East), August, 2003
Second-place cellular operator VimpelCom announced in a 1 August press release that its board of directors has appointed Aleksandr Izosimov to be the company's new CEO as of 1 October. Outgoing CEO Joe Lunder plans to return to his native Norway but will stay on at the company as chairman of the board.
The 39-year-old Izosimov, who holds an MBA from INSEAD, leaves a position as Mars Inc.'s regional president for the CIS, Central Europe, and Scandinavia. Before arriving at Mars in 1996, Izosimov worked at McKinsey & Co. in Stockholm for five years. Izosimov comes to VimpelCom as a double outsider, hailing from outside the company and outside the telecommunications industry. Konstantin Chernyshev, head of the analytical department at NIKoil, told "Vedomosti" of 4 August that...
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