Payment services entrepreneur Boris Kim has been elected chairman of Moscow-based Qiwi's board of directors.
Kim has served on Qiwi's board since 2013. He is currently the head of the payment networks and banking instruments committee at the Russian E-Market Participants National Association.
Kim co-founded e-port and served as its chief executive until September 2007. Other positions Kim has held during his 18-year career in the payments industry include being an advisor to the chairman of Zerich's banking and financial group, as well as being chair of Chastny Bank's management board.
"Boris's significant payments industry experience and his management expertise will be valuable assets to Qiwi as we execute on our growth plan," says Sergey Solonin, president and CEO of QIWI, in a June 10 press release.
Qiwi enables integrated payments across physical, online and mobile channels. The company acquired the terminal company Blestgroup Enterprises Ltd. at the end of last year and has also partnered with companies such as Payelp to offer virtual prepaid cards.