Press releases (Year 2009)
BITĖ Group appoints new Chief Financial Officer
August 04, 2009
BITĖ Group, one of the largest telecommunications groups in the Baltic states, consisting of "Bitė Lietuva" and "Bite Latvija" announces Mr. Nikita Sergienko as its new Chief Financial Officer (CFO) and a member of the Management Board taking office on 3 August, 2009. Mr. Sergienko succeeds Mr. Martin Amtoft-Christensen, former CFO and member of the Management Board.
Mr. Sergienko was employed by Tele 2/Millicom Cellular BV team in Russia for several years where he rose to the position of Executive Vice President, CFO. Nikita holds MBA from Duke University, Fuqua School of Business, is a registered CPA (Certified Public Accountant), and has a CMA/CFM (Certified Management Accountant/ Certified in Finance Management) certificate.
"I am very pleased to welcome Nikita to BITĖ Group management team. He brings a broad base of financial expertise, a deep understanding of the telecommunications business, and is recognized as a change agent who will continue to build value for BITĖ and its customers and maintain our track record for excellence established under Martin‘s presence," says Fred Hrenchuk, CEO of BITĖ Group.
Chairman of the Supervisory Council of BITĖ Group Bruno Ducharme said: "In Mr. Sergienko we have an excellent professional who has proven credentials to make a difference to the business, and I am delighted to welcome Nikita Sergienko to BITĖ team."
Martin Amtoft-Christensen a member of BITĖ Group Management Board and CFO, and took an instrumental role in development of BITĖ Group financial operations as well as investor, bank and shareholder relations management.
Some of the information in these materials may contain projections or other forward-looking statements regarding future events or the future financial performance of Bite. You can identify forward looking statements by terms such as "expect", "believe", "anticipate", "estimate", "intend", "will", "could," "may" or "might" the negative of such terms or other similar expressions. Bite wishes to caution you that these statements are only predictions and that actual events or results may differ materially. Bite does not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of Bite, including, among others, general economic and political conditions, the competitive environment in which Bite operates and many other risks specifically related to Bite and its business.