OREANDA-NEWS. August 8, 2011. X5 Retail Group N.V., Russia's largest retailer in terms of sales, announced today the appointment of Paul Martins as X5 Retail Group Commercial Director.

Paul Martins has over 25 years of international industry experience with Casino Group and Tesco. He will become X5's Commercial Director with effect from 13 August 2011 following nomination of the Supervisory Board. He succeeds Ekaterina Ishevskaya, who is leaving X5 to pursue other opportunities.

Andrei Gusev, CEO of X5 Retail Group, said:

"In her four years as Commercial Director, Ekaterina demonstrated the highest degree of professionalism and was instrumental to X5's success in building the Commercial function and setting up an efficient purchasing system. Paul brings invaluable international retail industry experience to X5. He will further strengthen our relationships with suppliers to support X5's goal of providing customers with best value and assortment."