OREANDA-NEWS. On 24 April 2009 was announced, that Andrey Elinson had been appointed to the post of Director of the Corporate Governance and Internal Control Department.

He will be responsible for the development of internal control and auditing systems as well as risk management at Basic Element.  He will also monitor the company's restructuring program and oversee compliance of governance procedures.

Biography

Before joining the company in 2007, he worked for Deloitte & Touche CIS where from 1997 he led various consulting projects and audits at Russian and international companies and subsequently headed an advisory group on financial investigation and economic disputes. From 2004, he supervised the establishment of effective internal control and risk management systems.

Andrey Elinson graduated with honors from the Russian Government's Finance Academy with a degree in Accounting and Auditing. He is a U.S. Certified Public Accountant and a U.S. Certified Fraud Examiner. He holds a Certificate in Company Direction and a Russian certificate in auditing.

Andrey Elinson is a member of the Board at the Russian Institute of Internal Auditors and co-chair of Quality commission at the Russian Institute of Professional Accountants.