Ana de Kok Reyes - Group Director Financial Control and Group Diversity & Inclusion Officer at VEON

14 June, 2023

As both Group Director Financial Control and Group Diversity & Inclusion Officer, Ana De Kok Reyes is using over 25 years of Finance experience to help shape the future of leadership within multi-national telecommunications company VEON.

In this interview, Ana shares her passion for VEON’s flexible working culture, the business benefits of leading multi-cultural teams and her unique jungle gym philosophy (inspired by Sheryl Sandberg) on career progression.

What excites you about working for VEON?

First of all, it’s a truly international organisation through and through, which gives me the opportunity to work with a diverse, multi-cultural team. And, because of the nature of the tech business and the fact that we operate with emerging markets, rapid change is a constant.

VEON isn’t a static, formalistic organisation. You have to learn to adapt quickly and stay resilient, so you never stop learning. There’s always something new around the corner, always opportunities to make changes and create a real difference – a real core value for me.

In this fast-paced working environment, what does VEON do to support employees’ mental health and wellbeing?

Whereas COVID was the driver of change in this area for many organisations, as a modern tech company, VEON has always offered a flexible, people-first way of working.

Post-COVID, we’ve changed and improved that model by creating a hybrid policy – one that’s helped everyone to reassess and find the best way to balance their personal needs with the needs of the business. We ask that everyone works at least two days a week (of their choice) in the office. And, with managerial agreement, you can also work outside the headquarters for a maximum of 30 days – so, if you’re in Spain and you want to log in from there, you can!

That flexibility obviously works both ways, but especially as a woman with kids, it’s great to be able to start and stop work when you need to, and pull in any extra hours in a way that fits with family life.

VEON also offers a lot of training in coping with change, in dealing with internal and external demands, and also working with multi-cultural teams. I’ve had the privilege to work with diverse teams for many years – but, for others, this is new territory, and it does require additional skills and awareness of different ways of thinking and processing information.

In the last two years, we’ve also seen an increase in training around self-reflection and personal growth. Of course, we work hard, we play hard and we celebrate our achievements! I think it’s so important to take time to come together regularly, especially when you’ve got a hybrid working model.

There’s also a great health and wellbeing focus at VEON. A lot of our roles are very static, so the company provides access to a gym and encourages all employees to build activity into each day, which isn’t just great for our fitness, it boosts productivity, too.

Looking at Diversity & Inclusion, how does VEON reduce bias in the hiring process?

Diversity is factored into our hiring process from the very start. So, we ensure our list of candidates always includes people from different cultures, different backgrounds and (as this is a male-dominated industry) that we have at least one female.

Whenever I’ve reached out to EMEA Recruitment, I’ve always asked you to find me that international experience, because I believe it’s a huge advantage to the company – you think outside the box, you’re easily adaptable and you have that resilience already embedded.

As Diversity & Inclusion Officer, I’ve also created strategic working groups that allow us to gather best practice and knowledge from every market, identify what we want to improve, and create a roadmap to get us there.

First, you have to understand the cultural and societal reasons behind the diversity gaps in different markets – the reasons why, for example, half the employees and top leaders in Kazakhstan are female, compared to a much lower percentage in Pakistan.

From there, you can ask yourself, “What do we want to achieve, from hiring to retiring?” and formalise specific diversity policies and procedures, KPIs [key performance indicators], targets and communications plans across all operating companies. The role has really opened up my world, and also given me the opportunity to meet and talk to people I might never interact with otherwise.

From a recruitment perspective, what are the challenges you’re facing as a company?

In the Netherlands, in particular, the market is extremely competitive, which can lead to a high turnover of staff. With that in mind, our focus is very much on retaining employees, showing them that they’re valued, and harnessing the talent we already have.

For our current vacancies at VEON, we’re focusing on internal candidates, developing and training our global teams so we can increase their exposure, and bringing people from abroad to join our headquarters here. For example, our Group CFO’s [Chief Financial Officer’s] contract has just come to an end and, instead of going externally, we’ve promoted an experienced individual from within.

Is there anything you’ve learned as a leader within the last 12 months that stands out for you?

At VEON, 2022 was an unprecedented and difficult year – especially working in countries affected by war. So, one word comes to mind and that’s resilience. It’s possibly an overused term, but, at VEON, we really mean it, because we’ve had to adapt to constant change and be ready to deal with multiple crises, while continuing to look to the future.

One of the advantages of being a small team nowadays is that we work as one force – all united and in constant communication to achieve each goal, and move quickly onto the next. I’m so proud of my team and the other functions we work with; their calmness and professionalism has helped them prevail though difficult times.

Thinking about your own journey, what advice would you share with someone starting their career in Finance?

I would say, think of your career like a jungle gym, not a ladder you have to climb. Be open to opportunities, even if that means a lateral move – because, sometimes, it’s those sideways steps that open up new doors, create bigger opportunities in the short term, and allow you to build on your experience.

I also believe good communication skills are vital, from day one - the impression you give, how you present yourself, the sense of gravitas you create when you enter a room, and the way you tailor what you’re saying to the person or people you’re talking to.

If I could go back and change one thing about my younger self, it would be to experiment more. The more you move about in those early stages of your career, the more learning opportunities you create and the better equipped you are for future roles.

What are your thoughts on the future of Finance and where will your journey take you next?

As a Finance organisation, we need to adapt faster to the demands of the business. That will always be the context we work within. Any transformation a company goes through, Finance is central, because decisions can only be made on the basis of reliable financial facts and figures.

So, having agile data and analytics tools that support you to provide real-time data is key – otherwise, businesses risk bad decision making and, ultimately, stagnation. Even if you’re not there yet, having a strategy to get these tools in place is critical.

Focusing on your human capital is also really important – on developing and retaining Finance leaders, and ensuring that the young talent coming through isn’t forgotten. Millennials work in a different way. We have to adapt the organisation to harness these new ideas, enable everyone to flourish, and set the company up for greater success in future.

From a personal perspective, I want to bring my knowledge and experience to the table as a non-executive board member of a different organisation, as well as learning from them to help drive change. And, as someone who’s always looking to push myself out of my comfort zone, I’d also love the opportunity to become a CFO one day.

What do you do to relax outside the office?

Yoga’s big for me – I practise it at least three times a week. It helps me stay fit, relaxed, and gives me the skills I need to focus my mind and stay present.

I also love to walk in the forest or at the beach, go to concerts or just cook a really special meal, and have fun with friends and family.

Solitude while reading a good book also brings joys to my mind and heart.

What are your favourite mottos in work and in life?

There’s two! One is Gandhi’s “Be the change you want to see in the world,” and the other is Walt Disney’s “If you can dream it, you can do it.”

I believe change starts with yourself. Once you know what’s really important to you personally, you can make a better contribution and engage others in your way of thinking – and they can, in turn, connect better with you.

Dreaming keeps you moving, keeps you ambitious and working towards the reality you want to create.

Thank you to Ana for speaking to Georgia Wright, Associate Director in our Finance & Accountancy recruitment team in the Netherlands.

Views and opinions contained within our Executive Interviews are those of the interviewee and not views shared by EMEA Recruitment