Betzalel Sergio Kenigsztein, currently the managing Director for Liberty’s Central and Eastern European (CEE) region, has been appointed to president and chief operating officer of Liberty Global’s Latin American and Caribbean Operations.
In this role, which becomes effective July 1, Kenigsztein will report directly to Liberty Global CEO Mike Fries and focus on Liberty Global’s businesses in Chile and Puerto Rico. He is moving into that role as Liberty Global moves ahead with a plan to implement a tracking stock for the Liberty Latin America and Caribbean (LiLAC) group on July 1.
Kenigsztein joined Liberty Global in 2004 as CTO of Liberty’s business in the Netherlands, and, in 2009, was appointed managing director of Hungary. In 2013, Kenigsztein was promoted to managing director for the CEE region, which encompasses over 8 million video, voice and broadband RGUs across five countries. Prior to joining Liberty Global, he held a range of senior management positions in the Israeli cable industry.
"We are committed to growing our business in the Latin American and Caribbean region through the LiLAC tracking stock, and Betzalel brings extensive strategic and operational knowledge to this new role,” Fries said, in a statement. “I have worked with Betzalel for many years and have great confidence in his ability to support our world-class operations in Chile and Puerto Rico, and lead the development of new opportunities in this fast-growing region."
Liberty Global said a successor for Kenigsztein’s role at the CEE region will be announced in “due course.”