The BoD of Volga Telecom has appointed its Corporate Secretary according to the Rules on the Corporate Secretary and the Office of the Corporate Secretary of Open Joint Stock Company Volga Telecom.
The position of Corporate Secretary was phased in pursuant to the Company Charter in adherence to principles of corporate conduct which aim to uphold the interests and rights of all shareholders and investors.
The Corporate Secretary is a company official tasked with ensuring that the bodies and executives of the company adhere to the rules and regulations of corporate governance. Other duties include ensuring that the rights and interests of shareholders are upheld and that mutual relations between the Company and its shareholders are performed in a proper manner. The Corporate Secretary is in charge of preparing and conducting shareholders meetings, overseeing the workings of the BoD and committees of the BoD, providing assistance to members of the Board of Directors in the exercise of their duties, as well as gathering, storing and disclosing information in accordance with the requirements of the current legislation, Charter and other in-house documents.
Introduction of the Corporate Secretary position is designed to enhance corporate governance at Volga Telecom, improve the operator’s investment appeal and its market cap, and ultimately to add value to the company as a whole.
By decision of the BoD, Natalia Ivanovna Pokrovskaya was appointed to the position of Corporate Secretary. Ms. Pokrovskaya was previously head of the Corporate Governance Department and was secretary of the BoD of the company for over 10 years.
