VK has appointed former PJSC Rostelecom vice president Alexander Ayvazov as Senior Vice President for Investments and Business Development. Ayvazov will also be responsible for M&A and the EdTech segment. Additionally, VK has appointed Stepan Kovalchuk as Senior Vice President for Media Strategy and Service Development.

Kovalchuk has been with VK since 2017, and he was previously vice president for Business Development.