Nexign restructures executive team; Alexey Volynkin promoted to CCO

Nexign has restructured its executive team, promoting Alexey Volynkin to Chief Commercial Officer (CCO). In addition, Mikhail Matyushin becomes Chief Technology Officer (CTO) and Yulia Poslavskaya assumes the role of Chief Marketing Officer (CMO). Mr Volynkin, Mr Matyushin and Ms Poslavskaya will report to the company’s CEO, Igor Gorkov. These executive changes add extra focus and strength that will help the company as it continues its rapid expansion into international segments, and enable it to accelerate growth across all focused markets. Commenting on the changes, Igor Gorkov said, “We realise that recruiting, fostering and retaining talent is core to our ability to stay on the leading edge of the industry. Over the past few years, we’ve developed a deep bench strength of experienced management leaders who will carry our product vision and marketing strategy forward. The changes we have made to the executive team will ensure that Nexign continues to successfully implement large BSS transformation projects for tier-one clients, and we can deliver the exceptional customer service for which we are renowned.” Nexign has traditionally been recognised by customers for its value-based approach to product development and ability to execute projects by reducing time-to-market (TTM). The company’s end-to-end digital portfolio helps communications service providers (CSPs) to ensure that investments in BSS and network monetisation are future-proof, and enables them to capitalise on technologies such as 5G, IoT and blockchain. “Nexign is on a solid growth trajectory and our vision and product strategy brought us to $200 million in revenue in 2018, a 63 percent year-on-year (YoY) increase,” added Alexey Volynkin. “As testament to the growth we are experiencing, Nexign has been recognised by prominent industry analysts as a value leader in optimising total cost of ownership (TCO), which is 25% lower than the market average, for CSPs transforming to become digital service providers (DSPs). I am confident that the entire Nexign team is committed to accelerating our growth even further and we are well on track to deliver on that.”