OREANDA-NEWS. The Sovcomflot Board of Directors elected Mr. Igor Shuvalov Chairman of the BoD.

The Board of Directors took notice of the information presented by the President of Sovcomflot in respect of the merger of Sovcomflot and Novoship.

The Chairman of the BoD Igor Shuvalov draw the attention of the representatives from the Ministry of Transport, the Ministry for Economic Development and Trade, the management of the shipping company to the task of strictly complying with the six-months implementation schedule in respect of all the arrangements for transferring the Russian government’s equity stake in Novoship (50.34 per cent) to Sovcomflot’s charter capital, as was set forth in the Russia’s President Decree.

Members of the Board of Directors

Igor Shuvalov - Assistant to the President of the Russian Federation (Chairman of the
Sovcomflot Board of Directors)
Aleksandr Bortnikov - Head of Economic Security Service of the FSB
Aleksandr Davydenko - Head, Federal Agency for Sea and River Transport
Andrey Kostin - Chairman and CEO of VTB Bank
Yuriy Medvedev - Deputy Head, Federal Agency for Federal Property
Aleksandr Misharin - Deputy Minister of Transport
Sergey Naryshkin - Head of the Government Apparatus, Deputy Chairman of the
Government
Gleb Nikitin - Head of Department, Federal Agency for Federal Property
Aleksey Sokolov - Acting Director of Department, Ministry for Economic Development and
Trade
Aleksandr Tikhonov - Director of Department, Ministry of Transport
Sergey Frank - President and CEO of Sovcomflot.