MMK has elected a new Board of Directors

The meeting of the shareholders has elected the Board of directors of MMK OJSC. The new membership of the Board includes: the President of the “Managing company MMK”, V. Rashnikov, CEO of MMK OJSC, P. Shilyaev, deputy CEO for commerce of MMK OJSC, V. Bakhmetiev, financial director of MMK OJSC, O. Rashnikova, deputy CEO for sales of MMK OJSC, N. Lyadov. Moreover, the Board comprises 5 directors that correspond to the independence criteria presupposed by the Corporate management Code of Great Britain: deputy CEO of “Polymetal Managing Company” OJSC, Z. Rustamova, Vice-President of the Russian representation of BP Plc, P. Charow, President of “Financial Corporation “Otkrytie” OJSC, R. Aganbekyan, deputy chairman of Rosselkhozbank OJSC, K. Lyovin, CEO of Hays Group Eastern Europe, V. Martsinovich.