MTS has appointed a new CFO from its main shareholder as the operator looks to boost its efficiency and embrace the digital era.

Andrey Kamensky, previously EVP for Finance and Economics at majority shareholder Sistema, will take on the role.

Prior to his tenure at Sistema, he worked at various financial firms including Perekrestok and ING Bank as well as brewer AB InBev.

The appointment will be considered at the operator’s upcoming board of directors meeting in April.

He replaces Alexey Kornya, who was promoted to CEO starting 13 March.

Kornya described Kamensky as an “excellent professional” and praised his “broad experience” across multiple industries.

He also cited the latter’s experience in financial planning for MTS.

“I am confident that Andrey's deep expertise will strengthen our team and continue to support the Company’s strategy to improve operational efficiency and enhance the Company’s digital development.”

MTS’s VP of Marketing, Vyacheslav Nikolaev, recently told European Communications that the telecoms industry needs to move into new areas to grow at a healthy rate.

The operator has expanded into areas including online ticket sales and e-gaming in recent months.

Last year it signed a deal with Nokia to revamp its internal processes.

Read more: MTS CTO: Our network is ready for World Cup kick-off, 5G not set for starring role

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