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QIWI announces CFO resignation

NICOSIA, Cyprus, Oct. 14, 2019 (GLOBE NEWSWIRE) — QIWI plc (NASDAQ: QIWI) (MOEX: QIWI) (“QIWI” or the “Company”), a leading provider of next generation payment and financial services in Russia and the CIS, today announced that on October 8, 2019, Vladislav Poshmorga, the Chief Financial Officer (the “CFO”) of the Company, notified the Board of Directors of the Company that he is resigning from his position as CFO. Mr. Poshmorga has confirmed that his resignation is due to personal reasons and not related to any disagreements or disputes with the management or the Board of Directors of the Company on any matter including the Company’s accounting principles, practices or financial statement disclosures.
Varvara Kiseleva, QIWI’s current Deputy CFO for Capital Markets, was appointed as interim Chief Financial Officer effective October 8, 2019, following the departure of Vladislav Poshmorga. As Interim Chief Financial Officer, Ms. Kiseleva will report directly to CEO Sergey Solonin until a permanent replacement is appointed. The Company aims to start the search process for selecting a new Chief Financial Officer promptly.About QIWI plc.
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