Board of Directors
Pursuant to the Joint Stock Companies Law and Rostelecom charter, members of the Board of Directors are elected annually by a general meeting of shareholders. A person elected as a member of the Board of Directors may be re-elected an unlimited number of times. The business address for each of our Directors is 14, 1-st Tverskaya-Yamskaya Street, Moscow 125047, Russian Federation. As at the end of 2013, the membership of the Board of Directors is set out below:
|Name||Date of Birth||Position||Since|
|Vadim V. Semenov||August 21,1965||Chairman of the Board
|Ruben A. Aganbegyan||February 14, 1972||Director||June 2013|
|Mikhail Y. Alexeev||January 04, 1964||Director||June 2013|
|Mikhail M. Zadornov||May 04, 1963||Director||June 2013|
|Anton A. Zlatopolsky||September 12,1966||Director||June 2011|
|Sergei B. Kalugin||November 2,1966||Director||June 2013|
|Yury A. Kudimov||April 19,1953||Director||June 2010|
|Sergei A. Kulikov||April 09,1976||Director||June 2013|
|Anatoly A. Milyukov||April 15 ,1972||Director||June 2011|
|Alexander A. Pchelintsev||December 09,1970||Director||June 2013|
|Ivan I. Rodionov||November 30,1953||Director||May 2009|
| Till April 2, 2014|
The Directors were elected or re-elected on June 17, 2013 by the Company’s annual general shareholders’ meeting. The term of appointment for each Director expire on the date of the next annual general shareholders’ meeting of the Company or on the date of the extraordinary general shareholders’ meeting with an item on the agenda to elect the Board of Directors.
In accordance with the request of the Company’s shareholder Russian Federation represented by the Federal Agency for State Property Management, on December 20, 2013 the Board of Directors decided to convene and conduct the Extraordinary General Shareholders’ Meeting (EGM) with the agenda which contained a re-election of the Board of Directors among other items. The EGM held on April 2, 2014, approved the appointment of the following members to the Board of Directors:
|Name||Date of Birth||Position||Since|
|Ruben A. Aganbegyan||February 14, 1972||Director||June 2013|
|David Benello||March 6, 1954||Director||April 2014|
|Kirill A. Dmitriev||April 12, 1975||Director||April 2014|
|Anton A. Zlatopolsky||September 12, 1966||Director||June 2011|
|Sergei B. Kalugin||November 2, 1966||Director||June 2013|
|Igor I. Kozlov||January 9, 1965||Director||April 2014|
|Mikhail Y. Lesin||July 11, 1958||Director||April 2014|
|Anatoly A. Milyukov||April 15 ,1972||Director||June 2011|
|Mikhail I. Poluboyarinov||April 2, 1966||Director||April 2014|
|Vadim V. Semenov||August 21,1965||Director||January 2011|
|Vitaly Y. Sergeichouk||April 2, 1984||Director||April 2014|
The qualifications and certain other information for each Director are set forth below:
Vadim V. Semenov has been a member of our Board of Directors since January 2011. Till October 2013 Mr. Semenov served as the general director and the chairman of the management board of Svyazinvest. He also serves as the chairman of the boards of directors of OJSC Moscow Inter-city Telephone Exchange No.9, OJSC Gyprosvyaz and the chairman of supervisory board of State Company Avtodor. Besides he is a member of the board in OJSC Bashinformsvyaz, CJSC Echo Moskvy. Mr. Semenov was also a member of the boards of directors of Svyazinvest, CJSC NSS, Telecom-Soyuz Pension Fund and many others across Svyazinvest group. From 2009 to 2010, he served as an advisor to our general director, our Vice President for corporate development and a member of the Management Board. From 2003 to 2009, Mr. Semenov held various management positions at MegaFon, including the head of legal department, the director for legal affairs and the deputy director for legal affairs. Mr. Semenov graduated from the Saint Petersburg State University in 1997 with a degree in law.
Ruben A. Aganbegyan has been a member of our Board of Directors since June 2013. He worked for PricewaterhouseCoopers, Clifford Chance (Moscow). Before 2002 he was a co-head of Credit Suisse First Boston in Russia, and in 2002 he became Managing Director for Project Financing with Troyka-Dialog Investment Company, Head of the Investment Banking Management. In 2007 he was appointed General Director of Renaissance Capital Investment Company for Russia. In 2010 he was President of CJSC MICEX. Before joining MICEX he was in charge of the Russian business of Renaissance Capital Investment Company, responsible for enhancement and strengthening of key account relationships, supervising public and government relations. In 2012 he was General Director of Otkritie Financial Company and since 2013 he was Chairman of Supervisory Board of NOMOS Bank. Currently he is also member of the Board of Director of Non-Profit Organization National Association of Securities Market Participants, Non-banking Credit Organization National Settlement Depository, All-Russian Public Organization Russian Union of Industrialists and Entrepreneurs, National Securities Market Association (Self-Regulating Non-Profit Organization), Settlement Depository Company CJSC, OJSC Moscow Stock Exchange MICEX-RTS, Russian Exchange Union, OJSC TMK (Pipe Metallurgical Company). In 1995 R. Aganbegyan graduated from Moscow State Law Academy specializing in jurisprudence.
Mikhail Y. Alexeev was a member of our Board of Directors from June 2013 till April 2014. Mr Alexeev was Chief Expert, Head of Division, Deputy Director of Department in the Russian Ministry of Finance. As of 1992 he was Board Member, Head of Department of Inter-industrial Commercial Bank. Since 1995 he was Deputy Chairman of the Management Board of Oneximbank and Senior Vice President and Deputy Chairman of the Management Board of Rosbank at that time controlled by Interros. In 2006 he became President and Chairman of the Management Board of the Russian Industrial Bank. Furthermore, he was a member of senior management in a number of financial organizations and industry boards. Since July 2008 he has been Chairman of the Management Board of UniCredit Bank. Mikhail Alexeev graduated cum laude from Moscow Financial Institute.
Mikhail M. Zadornov was a member of our Board of Directors from June 2013 till April 2014. Mr. Zadornov serves as the Chief Executive Officer and Member of Management Board at Bank VTB 24 and has been its Chairman and President since July 2005. From 1999 to 2005, Mr. Zadornov served as a Member of the State Duma of the Russian Federation and served on various Duma committees in different capacities, including Deputy Chairman of the Budget and Taxes Committee. From November 1997 to May 1999, he served as the Minister of Finance of the Russian Federation and held other positions in the Russian Government. Since May, 1999, he served as the First Deputy Chairman of the Government of the Russian Federation. Since 1997 Mr. Zadornov was a member of the Board of Directors of Sberbank of the Russian Federation. Since May 1998, he served as Deputy Chairman of the Supervisory Board of Sberbank. From October, 1999, Mr. Zadornov served as Counselor of President of Sberbank. From 1993 to 1997, he served as a Member of the State Duma of the Russian Federation of the 1st convocation and served as the chairman of the committee on budget, taxes, banks and finances. Since 1990, he served as a Member of State Commission for Economic Reforms of the Council of Ministers of the Russian Soviet Federal Socialist Republic. He was co-author of the "500 days" program. In January 1991 he took part in establishing the Centre for Economic and Political Research (EPIcentre). 1984, he graduated from the General Economics Faculty of G.V. Plekhanov Moscow National Economy Institute and received an honors diploma majoring in Planning of the National Economy with a specialty in Economics. In 1988, he was also awarded the PhD degree of in Economics.
Anton A. Zlatopolsky has been a member of our Board of Directors since June 2011. He also serves as the Director of Russia State Television and Deputy General Director of FGUP VGTRK and has held these positions since 2006. Mr. Zlatopolsky graduated from the Lomonosov Moscow State University with a degree in law.
Sergey B. Kalugin has been a member of our Board of Directors since June 2013. Mr. Kalugin also serves as a President of Rostelecom since March 2013. From 2012 to 2013 he held a position of Managing Partner at WebMediaGroup. From 2009 to 2012 and from 2007 to 2008 he served as CEO of National Telecommunications, from 2001 to 2007 - as CEO of National Cable Networks. Mr. Kalugin started his career as an economist at AB Incombank where he was promoted to Managing Director of Investments before becoming President of Inkom Capital, investment and financial services company. Mr. Kalugin graduated from Lomonosov Moscow State University with degree in Economics.
Yury A. Kudimov was a member of our Board of Directors from June 2010 till April 2014. He also serves as the general director of LLC Investment Company of Vnesheconombank (VEB Capital). Mr. Kudimov serves as the chairman of the boards of directors of VEB-Invest LLC and Globeks-Capital LLC, and a member of the boards of directors of Svyazinvest, OJSC First Freight Company, and OJSC Terminal. From 2005 to 2009, Mr. Kudimov held various management positions at OJSC National Reserve Bank, including the President and the chairman of the management board. Mr. Kudimov graduated from the Lomonosov Moscow State University in 1979 with a degree in journalism and from the Dowling College in 1998 with a master’s degree in banking and international financial systems.
Sergei A. Kulikov was a member of our Board of Directors from June 2013 till April 2014. Mr. Kulikov is Head of Staff under Director-General and Executive Director of Rostec State Corporation. He is also a member of the Board of Directors of YOTA HOLDING (CYPRUS) LIMITED, OJSC "National Ecologic Operator", OJSC "Voentelecom". Sergei Kulikov graduated from Military University of the Russian Ministry of Defense and also received a diploma from the Russian Academy of Public Service under the President of the Russian Federation. Currently he continues his academic activities as Professor of the Academy of Military Sciences and Associate Professor in the Department of Entrepreneurship and Foreign Economic Affairs (IBM-6) at the Bauman Moscow State Technical University.
Anatoly A. Milyukov has been a member of our Board of Directors since June 2011. Mr. Milyukov has also served as the managing vice president of OJSC Gazprombank and a member of the board of directors of CJSC Gazprombank – Asset Management, GBP Asset Management S.A. and CJSC New Instrumental Solutions since 2008. From 2001 to 2006, he also served as the Chief Managing Director of Alfa-Capital Management Company. Mr. Milyukov graduated from the Lomonosov Moscow State University with a degree in economics. In 2001, Mr. Milyukov graduated from Harvard Business School (MBA).
Alexander A. Pchelintsev was a member of our Board of Directors from June 2013 till April 2014. He is General Director of CJSC Gazprombank Asset Management. Before joining Gazprombank Asset Management in 2006. Mr Pchelintsev was General Director of Alfa-Capital Management Company for 8 years, and before that he was Portfolio Manager with Pallada Asset Management. He graduated cum laude from Irkutsk Institute of Economy and received Ph.D. in economics.
Ivan I. Rodionov was a member of our Board of Directors from May 2009 till April 2014 and its Chairman since June 2011 till June 2013. Mr. Rodionov also serves as a member of the board of directors and a member of the audit committee of Svyazinvest. He also serves as a member of the boards of directors of OJSC FosAgro, OJSC IBS Group Holding, OJSC EnergoMashinostroitelny Alliance, OJSC Rusinvest, and OJSC Amofos. Mr. Rodionov has also served as a member of the board of directors of OJSC MGTS from 2005 to 2007. In addition, he is a professor at the Russian State University for the Humanities and a professor at the National Research University – Higher School of Economics. From 2004 to 2006, Mr. Rodionov served as the managing director of AIG-Interros RCF Advisor. Mr. Rodionov graduated from the Lomonosov Moscow State University in 1978 with a degree in economics.
David Benello has been a member of our Board of Directors since April 2014. He serves as an independent Non-executive Director at Telekom Malaysia and a Global Ambassador at Monitise. David was previously a Director and Leader of UK Telecom, Media and Technology Practice at McKinsey & Company, a firm he joined in August 1982. He retired in June 2011 and is currently a Director Emeritus at the firm. He has extensive consulting experience in telco engagements, mainly in Europe (in addition to the US and Asia) on corporate strategy, ICT strategy and business turnarounds as well as operations / customer service. In the early years of his career, he served as a Senior at Arthur Andersen and a Second Lieutenant at Scuola Militare Alpina, Aosta, Italy. He graduated with a Bachelor in Mathematics and obtained a Masters in Mathematics from the University of Oxford in 1976 and Masters in Business Administration from Harvard University in 1982.
Kirill A. Dmitriev has been a member of our Board of Directors since April 2014. Mr Dmitriev is CEO of the Russian Direct Investment Fund. Before being asked by the Russian government to run the fund, he was president of Icon Private Equity, a leading private equity fund with over $1 billion under management. Prior to establishing Icon, he was co-managing partner and CEO of Delta Private Equity Partners, a leading private equity fund in Russia with over $500 million under management. Mr Dmitriev was also an investment banker at Goldman Sachs in New York and a consultant at McKinsey & Co. Mr Dmitriev holds a BA from Stanford University and an MBA from Harvard Business School.
Igor I. Kozlov has been a member of our Board of Directors since April 2014. Mr Kozlov serves as an Advisor to the Minister for Telecommunications of the Russian Federation. Until 2013 Mr. Kozlov worked the Managing Vice-President of “High Technologies and Industry” Business Unit at Sistema JSFC. From 2006 till 2010 he acted as the Managing Director for Investments, Strategy and Communications at Uralsib Financial Corporation. He graduated from Riga Higher Military Aviation Academy. In 1999 he graduated from Air Force Engineering Academy named after professor N.E. Zhukovsky obtaining a degree in technical sciences.
Mikhail Y. Lesin has been a member of our Board of Directors since April 2014. He serves as a Chairman of the Management Board and General Director of OJSC Gazprom-Media Holding. From 2010 to 2012 was a board member of the 'National Telecommunications`. From 2004 to 2010 was a board member of the `First Channel`. From 2004 to 2009 he acted as an advisor to the President of the Russian Federation. In 1984 graduated from the Moscow Kuibyshev Institute of Civil Engineering.
Mikhail I. Poluboyarinov has been a member of our Board of Directors since April 2014. Mr Poluboyarinov is First Deputy Chairman – member of the Management Board of Vnesheconombank. He also serves as a member of the boards of directors of OJSC Northern Caucasus Resorts, OJSC RusHydro, CJSC Lider, OJSC Sovcomflot, OJSC Zarubezhneft. In 2009-2012 he acted as Director of Department for Infrastructure at Vnesheconombank. In 2003-2009 he served as Deputy Director General of OJSC Aeroflot – Russian Airlines. In 1998 he graduated from the Moscow Finance Institute, Department of Credit and Economics, and the postgraduate school of the Plekhanov Academy of Economics. He was also awarded the PhD degree of in Economics.
Vitaly Y. Sergeichouk has been a member of our Board of Directors since April 2014. Mr Sergeichouk currently serves as the Head of Property Management and Privatization of Largest Companies Division at the Federal Agency for State Property Management. He has 8 years’ experience in investment banking and successful track record with such banks as Deutsche Bank, VTB Capital and United Financial Group. In 2005 he graduated from Lomonosov Moscow State University obtaining a degree in economics.