15 Apr 2022 15:32

Yevtushenkov leaves AFK Sistema board, Anna Belova elected acting chair

MOSCOW. April 15 (Interfax) - Vladimir Yevtushenkov, the principal owner of AFK Sistema , has stepped down from the corporation's board of directors, according to a statement from the company.

Yevtushenkov has been Sistema's chairman of the board. Anna Belova, who has been on the board since 2017, was elected acting chair on Friday.

The board of directors also resolved to convene an extraordinary general meeting of shareholders (EGM) to be held on 19 May, 2022 in the form of absentee voting in order to determine the number of directors to serve on the corporation's board. The record date for participation in the EGM is April 25, 2022. In line with applicable legislation, votes cast by shareholders before 19 May, 2022 (exclusive) will be deemed eligible for the EGM.