QIWI plc announced that the board of directors of the company has recommended that Mr. Andrey Protopopov, a member of the QIWI management team since 2013 and currently the Chief Executive Officer of Payment Services Segment, be appointed as the Chief Executive Officer of QIWI Group. The recommendation follows the completion of a succession planning process which commenced at the time of resignation of the company’s ex-CEO, founder and majority shareholder Sergey Solonin. Mr. Boris Kim, who has served as the company’s CEO since January 15, 2020, intends to resign from his position with effect from the date of the annual general meeting anticipated to take place in June 2021, and it is anticipated that Mr. Protopopov's appointment will become effective from the same date.