27.04.2016 21:03

Moscow Exchange Proposes Two Additional Members to its Executive Board

Moscow Exchange's new Supervisory Board met for the first time on 27 April 2016 following its election at the Company's AGM. The new Board is comprised of 12 Directors, of which five are independent.

Alexey Kudrin was reelected as Chairman of the Supervisory Board and Andrey Golikov was reelected as Deputy Chairman.

Acting upon the recommendation of its Nomination and Remuneration Committee, the Supervisory Board recommended that Anna Kuznetsova and Igor Marich be elected to join the Moscow Exchange Executive Board, subject to approval by the Bank of Russia.

Alexander Afanasiev, Moscow Exchange's Chief Executive Officer and Chairman of the Executive Board, commented: "New product offerings and expanding trading technologies are the key elements of our business strategy. Today, our major new initiatives are cross-market and are closely linked with each another, which requires more effective business management and a new perspective on how to structure the business. With this in mind the Exchange is expanding its Executive Board with addition of two key front-office managing directors. Anna Kuznetsova and Igor Marich each have a 15-year history with the Exchange, bring unique expertise to their roles, and manage the Exchange's markets that generate the majority of our fee and commission income."

At present the Executive Board consists of CEO Alexander Afanasiev, Chief Financial Officer Evgeny Fetisov, Chief Information Officer Sergei Poliakoff, and Chief Operating Officer Dmitry Shcheglov.

For further information, please contact the Public Relations Department at (495) 363-3232.

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