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Cyprus-based Qiwi's CFO resigns

Cyprus-based payments processor Qiwi PLC said its CFO, Vladislav Poshmorga, decided to step down from his role for personal reasons, effective Oct. 8.

The company, which mainly provides its services in Russia and the neighboring Commonwealth of Independent States region, appointed Deputy CFO for Capital Markets Varvara Kiseleva to serve as interim CFO upon Poshmorga's departure.

Kiseleva will report directly to CEO Sergey Solonin, the company said, adding that it will begin the search for a new CFO immediately.