It is not easy in the Ukraine crisis for Russians in international finance. The Nasdaq-listed QIWI plc (NASDAQ and MOEX: QIWI), a leading Russian payment provider with its headquarters in Nicosia, Cyprus, announced that its Russian board member Nadiya Cherkasova has resigned from the Company’s Board of Directors, with effect from 21 March 2022.

Nadiya Cherkasova has served as our non-executive director and a member of the Compensation Committee since June 2018. The position will remain vacant for the time being. We will announce new appointments in due course.

Sergey Solonin, the Chairman of the Board of Directors, commented: “Nadiya played an important role in developing QIWI. On behalf of the Board of Directors, I would like to thank Nadiya for her valuable contribution and wisdom she has shared over these years.

On the Qiwi website (www.qiwi.com), the names and pictures of the members of the management and board have been removed. Probably also for security reasons. On Cherkasova’s LinkedIn profile, Qiwi has already been removed.

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