15 Nov 2013 15:19

FGC appoints board chairman

MOSCOW. Nov 15 (Interfax) - The board of OJSC FGC UES has elected OJSC Russian Grids CEO Oleg Budargin its chairman.

"That is so," Budargin himself told Interfax when asked about the appointment.

A source close to FGC said the Russian State Property Management Agency Rosimuschestvo had nominated Budargin. Before that, FGC did not have a board chairman and a chair was selected at each meeting.