David Iakobachvili

Independent Director, Chairman of the Ethics and Control Committee


Studied at Civil and Industrial Engineering Department of the Georgian Technical University in Tbilisi.

Professional experience

Was born in 1957 in Georgia.

Mr Iakobachvili has been a member of the Board of Directors of Sistema PJSFC since 2011 and is an Independent Director as defined by Bank of Russia and Moscow Exchange. He is the Chairman of Ethics and Control Committee; a member of Strategy Committee; Audit, Finance and Risk Committee; Nomination, Remuneration and Governance Committee; Sustainability and Investor Relations Committee of the Board.

He is the Chairman of Committee on Corporate Social Responsibility (CSR) and Sustainable Development at Russian Union of Industrialists and Entrepreneurs.


Private entrepreneur involved in various projects: official dealership of General Motors cars, tourism and hotel business, timber processing, management of furniture supplies, retail management, communications and banking.


He became one of the founders of a famous food company, Wimm-Bill-Dann.


Served as a member of the Board of Directors, later — the Chairman of the Board of Directors of Wimm-Bill-Dann Foods OJSC.


Since 2000, he is a member of the Management Board of the Russian Union of Industrialists and Entrepreneurs (employers), since June 2004 — а member of the Management Board's Bureau of the Union.