Augie K. Fabela II

Co-Founder at VEON Ltd.

Augie K. Fabela II

Augie K. Fabela II

Co-Founder at VEON Ltd.


Augie K Fabela II was born in 1966 in Chicago, Illinois. Mr. Fabela developed his entrepreneurial spirit early in life establishing his first business, a neighborhood newspaper delivery route, at the age of 13, and working in his father’s engineering business from the age of 15.

Following his graduation from Stanford University in 1987 receiving a Masters degree in International Policy Studies and a Bachelors degree in International Relations, both of which he completed in four years, Mr. Fabela spent two years working in Tokyo for Japan's largest mass media conglomerate, Fujisankei Group, before returning to the United States to start his own international businesses at the age of 22.

Over the next few years, he founded and led several successful businesses as Chairman and Chief Executive Officer, including Maestro, an international marketing consulting company, TDF Corp, an information technology consulting company, SIGMA, an variable workforce employment agency, and a technology private investment company, FGI Wireless Ltd. He became Chairman of Plexsys International (a.k.a. Comsat RSI Wireless), an American mobile infrastructure equipment manufacturer, after a leveraged buyout (LBO) acquisition of the company together with his father.

At the invitation of MAK Vimpel, a Russian defense contractor, Mr. Fabela visited the Soviet Union in October 1991. It was during this period that he saw a significant opportunity for wireless communication in Russia. It was also when he met his future partner in Dr. Dmitri B. Zimin, a senior scientist at the Radio Technical Institute, a division of MAK Vimpel. Inspired, against all odds, to do what many said couldn't be done, Mr. Fabela and Dr. Zimin set out to accomplish their vision of building a start-up wireless communications company in Russia from the ground up, starting with thirteen employees. A young American entrepreneur who was only 25 years old and spoke no Russian, and a 60 year old Russian scientist who spoke no English, were determined to build an independent company with an entrepreneurial and pioneering spirit--which emerged with the founding of VimpelCom in 1992.

One year after its founding, VimpelCom launched its first test commercial network, a five base station system covering all of Moscow, and Mr. Fabela purposefully limited sales to only 1,000 mobile phones in order to ensure a high quality of service. The commercial service was launched under the Beeline brand, a brand Mr. Fabela created in late 1993 to differentiate the company as youthful and fun, rather than stodgy and technical--a brand that would eventually be valued by BusinessWeek/InterBrand at US$8 billion in 2007.

During the early years, Mr. Fabela devoted himself to VimpelCom’s development, serving as Chief Operating Officer and then as Chairman. His expertise in marketing, customer care and finance were central to the Company’s early success and provided a legacy of excellence that continues today.

In 1995, Mr. Fabela and Dr. Zimin made the decision to take VimpelCom public on the New York Stock Exchange. One year later, the initial public offering took place, with VimpelCom becoming the first Russian company to list its shares on the New York Stock Exchange and also being the first mobile communications firm to list on the NYSE. Mr. Fabela became the youngest Chairman of any NYSE listed company, at the age of 30. In the years that followed, Mr. Fabela led the teams that consummated multiple ground-breaking capital markets and M&A transactions, including the US$200 million equity investments into VimpelCom by Telenor in 1998 and US$200 million equity investment by Alfa Group in 2000.

Mr. Fabela was named the Company’s Chairman Emeritus after stepping down as Chairman in 2002 to dedicate time to his family. In his role of Chairman Emeritus, he has continued to be an active and valued advisor to the Company’s management and Board, providing guidance and insight on the strategic directions VEON has taken.

Mr. Fabela continues to be an innovator in business policy and governance, serving as a member of the World Economic Forum and a Founding Member of its Global Chairman Community.

Mr. Fabela is a devoted philanthropist and civic contributor. He and his wife founded the Fabela Family Foundation, a charity that supports law enforcement programs, early childhood education and Christian initiatives; and he is an advisor to the Dmitri B. Zimin Foundation. As part of his civic contributions, Mr. Fabela became a certified U.S. police officer, spending a year at and graduating from the Illinois NEMERT Police Academy in 2011. Mr. Fabela currently serves as Special Advisor to the Sheriff, with the rank of Chief in the Cook County Sheriff’s Office in Chicago, Illinois and as Winthrop Harbor Police Commander of Special Operations, overseeing the SWAT Unit and the AirOne Search and Rescue Helicopter Unit Special Operations.

As the American Founder of VEON (former VimpelCom), Mr. Fabela continues to lead and inspire the Pioneering Spirit that is in the DNA of our Company, personifying our key values of being customer-obsessed, entrepreneurial, innovative, collaborative and truthful.

Career Highlights

Vimpel-Communications PJSC

RelSci Relationships


Number of Boards






RelSci Relationships are individuals Augie K. Fabela II likely has professional access to. A relationship does not necessarily indicate a personal connection.

Group Chief Operating Officer at VEON Ltd.

Relationship likelihood: Strong

Founder at VEON Ltd.

Relationship likelihood: Strong

Group Chief Technology Officer at VEON Ltd.

Relationship likelihood: Strong

Chief Executive Officer at Fredriksen Group

Relationship likelihood: Strong

Former Chairman & Chief Executive Officer at VEON Ltd.

Relationship likelihood: Strong

Managing Partner at Letterone Investment Holdings SARL

Relationship likelihood: Strong

Founder at Alfa Group

Relationship likelihood: Strong

Group General Counsel at VEON Ltd.

Relationship likelihood: Strong

Co-Founder at Kyivstar GSM JSC

Relationship likelihood: Strong

Affiliate Partner at Lindsay Goldberg, LLC

Relationship likelihood: Strong

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Augie K. Fabela II
Co-Founder at VEON Ltd.
Graduate Degree
Class of 1987

Stanford University, located between San Francisco and San Jose in the heart of California's Silicon Valley, is one of the world's leading teaching and research universities. Since its opening in 1891, Stanford has been dedicated to finding solutions to big challenges and to preparing students for leadership in a complex world.


The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas.

Career History
1992 - Current

Vimpel-Communications PJSC provides wireless telecommunication services. It offers mobile and fixed-line telephony, Internet access, digital television, and data transmission. The company was founded by Dmitriy Borisovich Zimin and Augie K. Fabela II in June 1992 and is headquartered in Moscow, Russia.

1992 - Current

VEON Ltd. is a holding company engages in the provision of connectivity and internet services. Its brands include Beeline, Kyivstar, Banglalink, Jazz and Djezzy. The company was founded by Dmitri B. Zimin and Augie K. Fabela II in 1992 and is headquartered in Amsterdam, the Netherlands.

Boards & Committees

Plexsys International Corp. is a private company headquartered in Naperville, IL. The firm produces cellular network systems.


U.S.-Russia Business Council operates as a trade association. It provides business development, dispute resolution, government relations, and market intelligence services to its American and Russian member companies. The company represents the interests of 300 member companies operating in the Russian market. U.S.-Russia Business Council was founded in 2000 and is located in Washington, DC.

Member of the Rethinking Personal Data Project Steering Board

The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas.

Political Donations

The National Republican Senatorial Committee (NRSC) is the only national organization solely devoted to electing Republicans to the U.S. Senate. The NRSC provides invaluable support and assistance to current and prospective Republican U.S. Senate candidates in the areas of budget planning, election law compliance, fundraising, communications tools and messaging, research and strategy.


The Republican National Committee (RNC) is a U.S. political committee that provides national leadership for the Republican Party of the United States. It is responsible for developing and promoting the Republican political platform, as well as coordinating fundraising and election strategy. It is also responsible for organizing and running the Republican National Convention. Similar committees exist in every U.S. state and most U.S. counties, although in some states party organization is structured by congressional district, allied campaign organizations being governed by a national committee. Reince Priebus is the current RNC Chairman.

Davos, Switzerland
2012 World Economic Forum Annual Meeting

A record 2,600 business, government and civil society leaders – including nearly 40 heads of state or government – participated in the 42nd World Economic Forum Annual Meeting, which took place under the theme The Great Transformation: Shaping New Models. The record participation indicated the international community’s level of concern for the world today, as one crisis after another emerges. It also underscored the commitment of the Forum’s Members, Partners and communities to improving the state of the world.

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