Kyivstar Group Appoints Taner Kızıltoprak as Chief Financial Officer, effective July 1, 2026
Rhea-AI Summary
Kyivstar Group (Nasdaq: KYIV) appointed Taner Kızıltoprak as Chief Financial Officer, effective July 1, 2026. He joins June 1, 2026 as advisor to the President, ensuring a transition period.
Outgoing CFO Boris Dolgushin remains as advisor on strategic projects after June 30, 2026.
Taner has 20+ years of financial leadership experience, including CEO of 106 Dijital and senior roles at Turkcell Group, such as Deputy Group CFO. Kyivstar Group highlights his telecom, digital services and international finance background as aligned with its digital ecosystem expansion and Ukraine-focused strategy.
Positive
- Appointment of experienced CFO with over 20 years in international finance and operations
- Orderly CFO transition with one-month overlap between outgoing and incoming leaders
- Outgoing CFO retained as strategic advisor, preserving institutional knowledge
- New CFO brings telecom, digital services and gaming background supporting digital ecosystem strategy
Negative
- None.
News Market Reaction – KYIV
In the May 28 session, KYIV declined 0.35%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 26 | Solar assets acquisition | Positive | +2.2% | Acquisition of six solar power plants to diversify and hedge energy costs. |
| May 13 | Quarterly earnings beat | Positive | +4.2% | Strong 1Q26 revenue and EBITDA growth with raised 2026 outlook and lower capex intensity. |
| May 12 | AGM and results | Positive | +0.4% | AGM re-elected board; FY25 revenue and EBITDA rose with robust margins and digital growth. |
| May 06 | Starlink resale deal | Positive | +1.9% | Authorization to resell Starlink services to Ukrainian enterprises and institutions. |
| Apr 29 | Investment milestone | Positive | +0.9% | Completion of $1.3 billion investment program in connectivity and digital ecosystem. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent news has been largely positive and the stock has typically posted modest gains following prior strategic, financial, and operational announcements.
Over the past months, Kyivstar Group has reported strong financial growth and strategic expansion. On Apr 29, it highlighted completion of a $1.3 billion investment program. Subsequent updates included authorization to resell Starlink services and solid 1Q26 results with raised guidance. The company also pursued acquisitions, including six solar plants and fixed-broadband assets. Those announcements were followed by small positive price reactions, providing a constructive backdrop for today’s CFO transition news.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Seasoned international finance leader to support Kyivstar’s continued growth and digital transformation
KYIV, Ukraine, May 28, 2026 (GLOBE NEWSWIRE) -- Kyivstar Group Ltd. (Nasdaq: KYIV; KYIVW) (“Kyivstar Group”), the parent company of JSC Kyivstar (“Kyivstar”), Ukraine’s leading digital operator and part of VEON Group (Nasdaq: VEON), today announced the appointment of Taner Kızıltoprak as Chief Financial Officer of Kyivstar Group effective as of July 1, 2026.
Taner will officially join Kyivstar Group on June 1, 2026 as an advisor to the President of Kyivstar Group, Oleksandr Komarov, working closely with Kyivstar Group’s leadership team until Taner transitions to the role of Chief Financial Officer. Boris Dolgushin will serve as Chief Financial Officer of Kyivstar Group until June 30, 2026, after which he will serve as an advisor to the President of Kyivstar Group focusing on strategic projects.
“I am immensely grateful to Boris Dolgushin for seven outstanding years as a CFO and for his personal contribution to strategic transformation of the business from a telecom operator into an integrated digital company with multiple verticals, finance leadership in successful acquisition and integration of Uklon, Tabletki, Helsi and other businesses, consistently stellar financial performance, profitability and capital efficiency. My special thanks to Boris for his leadership in bringing the company to its Nasdaq listing,” Oleksandr Komarov, President of Kyivstar Group, said. “Taner’s extensive experience across telecommunications, digital services and international finance makes him an excellent fit for Kyivstar Group as we continue to expand our digital ecosystem and support Ukraine’s resilience and recovery. We look forward to welcoming him to the team and benefiting from his leadership as we advance our long-term strategy.”
Taner brings more than 20 years of experience in senior financial leadership, strategic operations and international business management. Most recently, he served as Chief Executive Officer of 106 Dijital, a digital gaming company. Prior to this position, he spent 15 years with Turkcell Group, a leading telecommunications and technology services provider, listed on the New York Stock Exchange and Borsa Istanbul, where he held several senior roles including Deputy Group CFO. Taner is a graduate of Istanbul University’s Faculty of Business Administration and is a Turkish Certified Public Accountant.
About Kyivstar Group Ltd.
Kyivstar Group Ltd. is a Nasdaq-listed holding company that operates Kyivstar, Ukraine’s leading digital operator. Kyivstar Group Ltd.’s companies provide a broad range of connectivity and digital services, including mobile and fixed-line voice and data, ride-hailing, e-health, digital TV, and enterprise solutions such as Big Data, cloud, and cybersecurity.
For more information, please visit https://investors.kyivstar.ua.
Nasdaq tickers: KYIV; KYIVW
About JSC Kyivstar
JSC Kyivstar is Ukraine’s leading digital operator, serving more than 22 million mobile customers and over 1.2 million home internet fixed line customers as of March 31, 2026. Kyivstar provides services using a wide range of mobile and fixed technologies, including 4G, Big Data, cloud solutions, cybersecurity services, digital TV and more.
JSC Kyivstar is wholly owned by Kyivstar Group Ltd. (Nasdaq: KYIV; KYIVW), shares of which are traded on the U.S. stock exchange Nasdaq.
Kyivstar contributes to overcoming the challenges of wartime and, over the past three years, has allocated over UAH 4.4 billion to support the Defense Forces, its subscribers and the implementation of social projects. JSC Kyivstar has operated in Ukraine for 28 years and is recognized as the largest taxpayer in the digital communications market, a top employer and a socially responsible company.
Additional information: pr@kyivstar.net, www.kyivstar.ua.
Disclaimer
This release contains “forward-looking statements,” as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, including in relation to, among other things, Kyivstar Group’s strategy, leadership transition, growth plans and digital transformation objectives. There are numerous risks and uncertainties that could cause actual results and performance to differ materially from those expressed by such statements, including risks and uncertainties related to Kyivstar Group’s strategy, leadership transition, growth plans and digital transformation objectives, among others discussed in the section entitled “Risk Factors” included in Kyivstar Group’s annual report on Form 20-F filed with the U.S. Securities and Exchange Commission (“SEC”) on March 16, 2026, as amended and supplemented from time to time, and in any other subsequent filings with the SEC by Kyivstar Group. The forward-looking statements contained herein speak only as of the date of this release and Kyivstar Group disclaims any obligation to update them, except as required by applicable laws.
Contact information
Kyivstar Group Ltd
Investor Relations
ir@kyivstargroup.com
