VimpelCom restructures Russian business

Russian service provider VimpelCom, which operates under the Beeline brand, has unveiled a change in its structure of its domestic market arm with the creation of a business development unit headed by Andrei Melnikov.

The new unit will be part of VimpelCom’s corporate strategy division headed by vice-president Martin Furuset. Melnikov will be charged with overseeing the practical implementation of the company’s strategy, the alignment of management across all business segments, strategic projects and venture capital assets as well as interaction with shareholders of joint venture companies. Melnikov was previously president and co-founder of KIT Finance Insurance.