Karen Akopian

• • M&A Advisory: Strategic advisor to a corporate bank regarding M&A transactions within the FMCG sector. Accomplished projects:

◦ o Acquiring Private label Pet Food manufacturer

◦ o Ply-wood manufacturer acquisition and integration

◦ o Post-acquisition integration of hygiene products manufacturer

• • P&L Responsibility: Managed a global group P&L of USD 1.4 billion with 6,000 FTE

• • Governance Design: Partnered with McKinsey to design a new holding governance structure, improving compliance and efficiency across iGaming, banking, and FinTech.

• • Function Building: Established the CFO & COO functions from the ground up, implementing group-wide policies and procurement systems.

• • Scale: Managed regional operations with a EUR 400 million P&L and 1,500 FTE.

• • General Management: Statutory General Director in Russia & Ukraine and Chairman of the Executive Board post-divestment (2023).

• • Finance Leadership: Regional Finance Manager overseeing Accounting, Tax, HR, Legal, and IT across Russia, Ukraine, Turkey, and MEA.

• • Transformation projects:

◦ o Finance Controller Europe: part of reorganization team for Tissue Professional Hygiene Division, resulting in changing manufacturing foot-print, go-to-market model with large key accounts, assortment de-complexity, reduction in number of warehouses and closing some production sites.

◦ o Green-field and brown-field acquisition projects in E. Europe and the UK (e.g. private label for ASDA)

◦ o Post-acquisition integration

◦ o SAP FI/CO roll-out in European markets

◦ o Green-field manufacturing and logistics CAPEX program management

◦ o Integration of Sales & Marketing and Manufacturing value chain

• • Sweden based global leader