Corporate Secretary
The Board of Directors of Rosseti Kuban, PJSC elects the Corporate Secretary in order to duly comply with the procedure for preparing and holding the General Meeting of Shareholders and for organising the activities of the Board of DirectorsThe functions, appointment and displacement procedures, rights and duties of the Corporate Secretary are aligned with the Regulations on the Corporate Secretary as approved by the Board of Directors (published on the website of Rosseti Kuban, PJSC in the About the Company / Constituent and Internal Documents section)..
The Corporate Secretary is the official of Rosseti Kuban that makes sure that the Company complies with the laws of the Russian Federation, the Articles of Association, and internal documents that guarantee the exercise of rights and legal interests of the Company’s shareholders. The Corporate Secretary reports to the Board of Directors, which determines the provisions of the Corporate Secretary contract, the amount and the payment procedures for the remuneration, and the bonus principles.
The Corporate Secretary submits an annual report on his/her work to the Board of Directors for approval, with prior review by the Personnel and Remuneration Committee.
Since 20 June 2011, Olga Russu has continuously held the position of Company’s Corporate Secretary.
Olga Russu
Olga Russu, the Corporate Secretary of Rosseti Kuban, PJSC:
- Did not own the Company’s shares or make transactions with them during the reporting year
- Has no connections with persons who are members of the governing and (or) control bodies of the Company’s financial and economic activities
- Was not held administratively liable for violations in the field of finance, taxes and fees, securities market, or criminally liable for economic and/or public-order crimes
- Did not hold positions in governing bodies of commercial organisations during the period, when bankruptcy proceedings and/or one of the bankruptcy procedures under the Russian insolvency (bankruptcy) laws were initiated against these organisations