Board of Directors
The Board of Directors performs the general management of the Company. The Board of Directors’ activities are subject to the Regulation on the Board of Directors.
Board meetings can be held in the form of presence or absentee voting (by way of a poll). In 2021, the Board of Directors held 37 meetings, of which 16 meetings in-person.
No committees of the Board of Directors were established.
Key agenda items discussed by the Board of Directors in 2021
- Defining the Company’s business priorities, strategies and development programmes.
More detailed - Approval of adjustments to INTECO’s development strategy.
- Approval of INTECO’s top management KPIs for 2021.
- Adjustments to INTECO’s organisational and functional structure.
- Approval of the 2021 budget, preliminary approval of the 2022 budget.
- Review of the 2020 report of the Internal Audit Office, approval of the 2021 audit plan.
- Approval of the Regulation on the Remuneration to INTECO’s Management.
- Review of 1H 2021 statements.
- Approval of the audit fee, selecting the external auditor under the Russian Accounting Standards (RAS) and International Financial Reporting Standards (IFRS) for 2021.
- Approval of the Annual Report and the annual accounting statements of INTECO for 2020.
- Approval of INTECO’s long-term incentive programme.
- Upward revision of the charity expenditure threshold for 2021.
- Electing the Chairman of the Board of Directors and the Secretary of the Board of Directors.
- Approval of transactions related to entering into new investment projects.
- Establishment and liquidation of subsidiaries.
- Approval of gratuitous transactions.
- Approval of credit and loan agreements, suretyship agreements, pledge agreements and general contractor agreements.
- Determining the Company’s position on the approval of credit and loan agreements, suretyship agreements and pledge agreements signed by subsidiaries.
Members of the Board of Directors in 2021
Throughout 2021, the Company had three Boards of Directors.
5 November 2020 — 1 April 2021 | 2 April 2021 — 5 September 2021 | 6 September 2021 — 31 December 2021 |
---|---|---|
Alexander Sokolov | Alexander Sokolov | Alexander Sokolov |
Dmitry Vareshin | Dmitry Vareshin | Dmitry Vareshin |
Andrey Datsenko | Andrey Datsenko | Andrey Datsenko |
Evgeny Malygin | Evgeny Malygin | Alexander Menshchikov |
Alexander Menshchikov | Alexander Menshchikov | Alexander Nikolaev |
Alexander Nikolaev | Alexander Nikolaev | Sergey Riabokobylko |
Sergey Riabokobylko | Sergey Riabokobylko | Regina von Flemming |
Regina von Flemming |
In 2021, Board members did not hold Company shares or execute any transactions involving the acquisition or disposal of the said shares.
Remuneration of the Board of Directors in 2021 amounted to RUB 10.5 million, including personal income tax.
Events after the reporting date
On 28 April 2022, PJSC Bank TRUST, the sole shareholder of JSC INTECO, terminated the powers of the members of the previous Board of Directors and elected the new Board of Directors. Alexander Sokolov was elected Chairman of the Board of Directors.
Alexander Sokolov |
Dmitry Vareshin |
Alexander Menshchikov |
Alexander Nikolaev |
Sergey Suchkov |
Ekaterina Chirkova |
Short biographies of members of the board of directors
Alexander Sokolov
Chairman of the Board of Directors
Born in
1979
Education
Tsiolkovsky Russian State Technological University (a degree in Economics and Enterprise Management).
Positions held in 2021
- INTECO – Member of the Board of Directors.
- Research and Production Corporation United Wagon Company – Member of the Board of Directors.
- PJSC Bank TRUST – President – Chairman of the Management Board, Member of the Management Board, Member of the Supervisory Board.
- GEOTECH Seismic Services – Member of the Management Board.
- 2008–2017 — Director, Risk Analysis Department, VTB24.
- 2014–2017 — Member of the Management Board, VTB24.
- 2014–2017 — Member of the Supervisory Board, Pochta Bank.
- 2016–2017 — Member of the Supervisory Board, Chairman of the Supervisory Board, Dolgovoy Tsentr.
- 2017–2018 — Member of the Supervisory Board, Rosgosstrakh.
- 2017–2018 — Acting Chairman of the Management Board, Bank Otkritie Financial Corporation.
- 2017–2018 — Member of the Management Board, Bank Otkritie Financial Corporation.
- 2018–2018 — Member of the Board of Directors, PJSC Bank TRUST.
- 2018–2018 — Member of the Board of Directors, PJSC Rosgosstrakh Bank.
- 2018–2018 — Chairman of the Board of Directors, JSC ROST BANK.
- 2018–2019 — Head of Risk and Collection, Bank Otkritie Financial Corporation (on a
part-time basis). - 2018–2019 — Chairman of the Supervisory Board, AVTOVAZBANK.
- 2018 — present — President — Chairman of the Management Board, PJSC Bank TRUST.
- 2018–2021 — Member of the Supervisory Board, PJSC VTB Bank.
- 2019–2020 — Head of Business First division, Bank Otkritie Financial Corporation (on a
part-time basis). - 2019 — present — Member of the Supervisory Board, PJSC Bank TRUST.
- 2019 — present — Member of the Board of Directors, Chairman of the Board of Directors, INTECO.
- 2019 — present — Member of the Board of Directors, Chairman of the Board of Directors, Research and Production Corporation United Wagon Company .
- 2020 — present — Member of the Board of Directors, Chairman of the Board of Directors, PJSC GEOTECH Seismic Services.
Dmitry Vareshin
Born in
1981
Education
Admiral Ushakov Baltic Naval Institute, Moscow State University of Technology and Management
Positions held in 2021
- INTECO — Member of the Board of Directors.
- TRUST SM — Member of the Board of Directors.
- PJSC Bank TRUST — Director of the Financial Department, Vice President.
- PJSC GEOTECH Seismic Services — Member of the Management Board.
- 2013–2018 — Deputy Chairman of the Management Board, PJSC Bank TRUST.
- 2018 — present — Director, Financial Department, and Vice President, PJSC Bank TRUST.
Andrey Datsenko
Born in
1961
Education
Moscow State Institute of International Relations of the USSR Ministry of Foreign Affairs (a degree in International Economic Relations and foreign language skills).
Positions held in 2021
- INTECO — Member of the Board of Directors.
- 2010–2019 — General Director, Sberbank Investments.
- 2019 — 2021 — Senior Vice President, Deputy Head of the Corporate and Investment Business Unit, Bank Otkritie Financial Corporation.
Alexander Menshchikov
Born in
1981
Education
Higher School of Economics (a degree in Financial and Banking Law).
Positions held in 2021
- INTECO — Member of the Board of Directors.
- PJSC Bank TRUST — Managing Director, Head of Asset Management Department No. 2.
- TRUST SM — Member of the Board of Directors.
- 2011–2018 — Deputy Chairman of the Government of the Tver Region.
- 2018–2019 — Head of Torzhok Administration (Tver Region).
- 2019 — present — Member of the Board of Directors, Rostagro Management Company.
- 2019—2020 — Director of Special Projects Department No. 4, PJSC Bank TRUST.
- 2019 — present — Managing Director, Director of Special Projects Department No. 4, PJSC Bank TRUST.
Alexander Nikolaev
President of INTECO
Born in
1975
Education
Moscow State Institute of International Relations (a degree in International Law).
Positions held in 2021
- INTECO — President of the Board of Directors.
- 2003–2018 — Managing Director Russia/CIS, Valartis Group AG; Member of the Investment Committee, Eastern Property Holdings Ltd.
- June 2018 — present — President, INTECO.
- 2020 — present — Member of the Public Council, Ministry of Construction, Housing and Utilities of the Russian Federation.
Sergey Riabokobylko
Independent DirectorResigned from the Board of Directors on 28 April 2022
Born in
1971
Education
Moscow State Linguistic University (cum laude), Pomona College, California, USA (international relations and literature), Commercial Investment Real Estate Institute, Chicago, USA (real estate finance), INSEAD, Fontainebleau, France (executive management and corporate governance), Jackson Institute for Global Affairs, Yale University, USA (Programme in Grand Strategy).
Fellow of the Royal Institution of Chartered Surveyors (FRICS), Vice Chairman of the American Chamber of Commerce in Russia (AmCham Russia) Member of the Urban Land Institute. Member of the Presidium of the Russian Council of Shopping Centres (RCSC).
Positions held in 2021
- INTECO — Member of the Board of Directors.
- Cushman & Wakefield — General Director.
- Executive Partner, General Director, Cushman & Wakefield, a co-founder of Cushman & Wakefield Russia.
- June 2012 — present — General Director, Cushman & Wakefield.
- November 2020 — present — Member of the Board of Directors, INTECO.
Regina von Flemming
Independent DirectorResigned from the Board of Directors on 28 April 2022
Born in
1965
Education
Sciences Po, Paris, France, German Development Institute (a postgraduate programme), Free University of Berlin, Germany (a degree in Political Sciences), INSEAD, Fontainebleau, France (research assistant).
Positions held in 2021
- INTECO — Member of the Board of Directors.
- Accenture — Advisor to General Director.
- June 2015 — present — Member of the Supervisory Board, MTS (Moscow).
- 2016–2019 — Member of the Board of Directors, Wirtschaftsforum.
- 2016 — present — Member of the Board of Trustees,
German-Russian Forum (Berlin). - 2016 — present — Member of the Board of Trustees, Jewish Museum and Tolerance Centre.
- 2017–2018 — Senior Advisor, Hürriyet Group (Turkey).
- 2017–2018 — Member of the Board of Directors, Pronto Media Holding.
- 2017 — present — Member of the Supervisory Board, Trade East Media.
- June 2018 — present — Member of the Management Board and Head of the Compliance and Social Responsibility Committee, Russian-German Chamber of Commerce.
- 2018–2020 — Senior Advisor to the President, Accenture Russia.
- 2020 — member of the Board of Directors (independent director), Chair of the Nomination and Remuneration Committee, Member of the Audit Committee at Chelyabinsk Pipe Plant.
- March 2020 — present — Chair of the Audit Committee under the Supervisory Board, Member of the Supervisory Board for Ecology, Social Responsibility and Corporate Governance, Sovcombank.
- March 2020 — present — Marketing Director, Weinstube.
- April 2021 — present — Member of the Board of Directors, INTECO.