26 Feb 2010 12:35

Mikhail Matovnikov appointed Director for Corporate Development at Interfax Group

The international information group Interfax (Interfax Information Services Group) has announced the appointment of Mikhail Matovnikov as Director for Corporate Development.

Matovnikov‘s responsibilities will include the development of the corporate management system, improvement of the organizational structure of Interfax Group, and working with investors and creditors.

Mikhail Yuryevich Matovnikov was born in Leningrad in 1975. In 1997, he graduated from the St. Petersburg State University of Economics and Finance, and in 2009 he completed a training program in General Management at the Harvard Business School (U.S.).

Matovnikov has worked for Interfax since 2000. In the course of his first year with the company, he worked as head expert at the Interfax Center for Economic Analysis, and in 2001 he became one of the founders of the Interfax Rating Agency, where he headed up the bank rating section. In 2004, after the acquisition by the international rating agency Moody‘s Investors Service of a controlling package of shares in the Interfax Rating Agency and the change of the agency‘s name, Matovnikov was appointed vice-president and head analyst at Moody‘s Interfax Rating Agency.

From 2005 to his appointment as corporate development director at Interfax Group, Matovnikov was general director of the company Interfax Business Service, a subsidiary of Interfax specializing in services in the sphere of investor relations, and general director of Interfax-CEA, an Interfax company providing analytical services to clients in the private and public sectors.

Matovnikov is one of the leading experts on investor relations in Russia. He is a member of the Consultative Council of the Chairman of the Bank of Russia and the expert councils of the Deposit Insurance Agency and the Russian Union of Industrialists and Entrepreneurs.

"The appearance in Interfax of the position of Director for Corporate Development and the appointment of Mikhail Matovnikov to it reflects our wish to maintain the high dynamics of the Group‘s development while effectively concentrating resources on priority areas and changes in the market. For the past ten years, Interfax has been actively developing a number of new promising areas which have gone far beyond the framework of our traditional news business, following clients‘ needs. In this situation, it is especially important for us to clearly word our strategy, strictly follow the selected path and have effective corporate management," Interfax Group CEO Mikhail Komissar said.

*** Interfax Information Services Group develops professional information solutions that help companies operate on the financial and commodity markets, make investment decisions, manage risks and organize external communications
Interfax provides news, stock market data, analyses, search databases, business enquiries about companies, ratings and rankings, credit reports, IR services and information disclosure, organizes press conferences and posts advertisements on the Internet.
The network of press centers organized by Interfax Group has no analog and brings together more than 30 press halls in Russia‘s main cities, as well as national press centers in Kyiv (Ukraine), Almaty (Kazakhstan) and Baku (Azerbaijan). Each year Interfax holds over 1,500 press events on its platforms to discuss the most important events and pressing issues.
Since the early 1990s, Interfax has been a source of operative information on Russia and the CIS for the international community and has been a confident leader in the frequency of references in reports from this region of the world published in the foreign press and is among the most frequently used sources of operative information in the world.
Over the past few years, Interfax has become a leading provider of political and financial news from China.