New Rostelecom head Oseyevsky, Vice President Kiriyenko join Tele2 board of directors
MOSCOW. March 6 (Interfax) - The new Rostelecom head Mikhail Oseyevsky and Senior Vice President of business management Vladimir Kiriyenko are joining the new board of directors at mobile operator Tele2's.
"I am joining, Vladimir [Kiriyenko] is joining, Kai-Uwe [Mehlhorn] also works there, I think, that the presence of three senior executives is impressive, it's a good level of representation," Oseyevsky told reporters.
Oseyevsky said that this is not about quantitative expansion, but so that the Rostelecom management can guarantee the effective operation of Tele2.
Rostelecom, which owns 45% of Tele2, currently has four representatives on the T2 RTC Holding board of directors, Tele2's operating company. These are former Rostelecom President Sergei Kalugin, CFO Kai-Uwe Mehlhorn, Vice President of legal issues Mikhail Irzhevsky and executive vice president Alexander Rogovoi.
A consortium of investors including VTB, Bank Rossiya, SOGAZ and Alexei Mordashov hold a controlling stake in T2 RTC Holding.
There are a total of 11 people on the T2 RTC Holding board of directors. Members of the Tele2 board from VTB are VTB first deputy CEO, Yury Solovyev, Stefano Zuppet, managing director at VTB Capital; and Bojan Ivanovic, executive director at VTB Capital. Bank Rossiya's CJSC ABR management is represented by Alexander Pentya, vice president, and Dmitry Lebedev, managing director. Firms controlled by Alexei Mordashov are represented by Vladimir Lukin, first deputy general director of CJSC Severgrupp. The independent director is Bruno Ducharme, chairman of TIW Capital Partners.
Tele2 did not say when the company was planning to re-elect board members.