14 Mar 2014 13:28

Zavalishina leaves Yandex.Money, development director named new CEO

MOSCOW. March 14 (Interfax) - Jane Zavalishina has left her position as CEO of electronic payment service Yandex.Money, having headed the company since 2006, Yandex.Money's press service said in a statement on Friday.

The company's business development director, Maria Gracheva, will be Yandex.Money's new CEO starting March 18, the company said.

"Jane Zavalishina is going to be returning to Yandex to focus on a new international project related to Big Data. The transition was planned well in advance and will not disrupt the operations at Yandex.Money," the statement reads.