Management Structure

As Russia’s leading public investment company, Sistema operates in a transparent manner and has established a clear organisational structure tailored to support the Group’s investment activities.

Sistema's main governance bodies are: the General Meeting of Shareholders, the Board of Directors, the President and the Management Board. The Board of Directors and the President have committees that develop recommendations for forming Sistema's decisions in the respective areas. 

Sistema adopted its current organisational structure in December 2013. Including the adjustments and amendments made in December 2016, this reflects our transition to the investment company model. The structure comprises five functions, five investment portfolios and five departments.

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