14 Sep 2012 09:13

Ex Rosnedra chief Ledovskikh joins TransMashHolding board of directors

MOSCOW. Sept 14 (Interfax) - The former head of Russia's Subsurface Resources Agency (Rosnedra), Anatoly Ledovskikh, has joined the board of directors at CJSC TransMashHolding (TMH) .

The selection was made Thursday by TMH's parent company, The Breakers Investments, TMH said.

Ledovskikh will replace LLC Volei Sport Service chief executive Yevgeny Smirnov (according to TMH's financial statement, he is also an adviser to the president of LLC EvrazHolding, deputy head of the office of Mellbright Investments, and CEO of the Institute for Natural Monopoly Studies and LLC Ekoresurs).

The other ten members of the TMH board have retained their seats. They include Kuzbassrazrezugol Coal Company chairman Andrei Bokarev; LLC Aeroexpress head Alexei Krivoruchko; the deputy head of the office of Transgroup Invest A.S., Sergei Glinka; TMH chief executive Andrei Andreyev; TMH sales director Shukhrat Makhmudov; and UniCredit Aton managing director Kirill Lipa.

Russian Railways' (RZD) representatives on the board are again Alexei Davydov, the head of the department for managing subsidiaries and affiliates; and Valery Veremeyev, an adviser to RZD's president. The representatives of Alstom Transport are the French company's managing director for Russia and the CIS, Bernard Gonnet, and its president Henri Poupart-Lafarge.

TMH, Russia's largest producer of rolling stock for railways and subways, has plants in St. Petersburg, Bryansk, Penza, and the Moscow, Rostov and Tver regions. OJSC Russian Railways (RZD) and France's Alstom each own 25% plus one share in the TMH parent company, and the remaining shares are owned by businessmen Iskander Makhmudov and Andrei Bokarev, as well as divisions of Transgroup.