20 Nov 2009 12:40

Kamaz chief Kogogin joins Avtovaz board

MOSCOW. Nov 20 (Interfax) - Sergei Kogogin, the head of Russian truck maker Kamaz , has joined the board of directors of Avtovaz , replacing the former president of Avtovaz, Boris Aleshin.

Shareholders approved the change at an extraordinary meeting on Friday.

They also reelected Rostekhnologii chief Sergei Chemezov as chairman of the board.

The new Avtovaz board includes three representatives from Renault: President Carlos Ghosn, Executive Vice President Patrick Pelata, and the director of Avtoframos in Moscow, Christian Esteve. There are also three representatives from Rostekhnologii: company chief Sergei Chemezov; his first deputy Alexei Aleshin and deputy Igor Zavyalov. Another three seats are held by Troika Dialog : board chairman Ruben Vardanyan, Managing Director Richard Ogdon and Troika Capital Partners President Sergei Skvortsov. The other three members of the board are Samara region governor Vladimir Artyakov, labor union head Nikolai Karagin and Kogogin.

Kogogin earlier said he was prepared to head Rosauto, the automotive holding company being formed by Rostekhnologii, which will receive the state corporation's stakes in Avtovaz, Kamaz and a host of other enterprises.