Corporate Governance

Advanced practice

National Corporate Governance Rating 8+

Principles of good corporate governance

Effective decision making and transparency of management processes

Attention to emerging conflicts of interest

Predictable dividend policy

High professionalism of the Board of Directors

Management Structure

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Functional subordination

Administrative subordination

General Meeting of Shareholders

The supreme governing body of the Corporation

Board of Directors

A collective governance body in charge of the oversight and strategic management of the Corporation

Chairman of the Board of Directors

The Board of Directors Committees

Provide support for decision making and scrutinise issues to be submitted for the directors’ consideration

3 committees

Corporate Secretary

Responsible for interaction with shareholders

Internal Audit Service

Provides internal audits based on a risk-approach

President and Management

Responsible for the Corporation’s performance

Chief Executive Officer (President), Chairman of the Management Board

Managing partners

Heads of functional departments

Presidential and Management Board Committees

Provide support in decision-making and detailed analysis of the current operations and business processes

4 committees

Functional divisions

Responsible for the current operations

12 units

Corporate Documents

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The Charter and internal documents of Sistema PJSFC set out the corporate governance principles and procedures and the structure, establishment procedure and competence of the command and control bodies in accordance with the Russian legislation and international practice.