Independent director chairs Mostotrest Board of Directors
The first meeting of the Mostotrest PJSC Board of Directors, newly elected on 4 October 2019 at the Extraordinary General Shareholders' Meeting, has been held in Moscow. In accordance with the Company's Rules of Procedure, the meeting participants deliberated over the election of the Chairman of the Board of Directors, the Deputy Chairman of the Board of Directors and the Corporate Secretary.
Based on the voting results, Vyacheslav Prikhodko has been elected as Chairman of the Board of Directors of Mostotrest PJSC. He is the first-ever independent director elected to the post. The new Chairman of the Board is a corresponding member of the Russian Academy of Sciences (RAS). He has 15 years' experience working as the rector of the Moscow Automobile and Road State Technical University (MADI). Currently, he is an adviser to the rector of the Emperor Nicholas II Moscow State University of Railway Transport (MGUPS (MIIT)), and also chairs the MADI Endowment Fund Council, as well as the RAS Scientific Council on Transport. He has been with the Board of Directors of Mostotrest PJSC as an independent director since July 2015.
The Mostotrest PJSC Board has unanimously elected Vladimir Kotylevsky as Deputy Chairman of the Board and re-elected Gennady Bogatyrev as Corporate Secretary.
Mostotrest PJSC is the largest diversified infrastructure construction company with a footprint across all key and related market segments, and a participant in pioneering public-private partnership projects in Russia. According to the EMBS Group, an independent industry consultancy, Mostotrest 2016 share of the Russian transport infrastructure construction market was 14.6%.
The Mostotrest Group core business segments include construction and reconstruction of bridges (including road, railway and city bridges), roads and other transport infrastructure, as well as road maintenance, repair and operation services. In 2012, Mostotrest also diversified into road concession management.
The company was founded in 1930 for the construction of off-gauge and extra-large bridges.
Currently, Mostotrest is involved in the implementation of a number of complex integrated transport infrastructure projects, such as construction of several segments of the M-11 Moscow - St. Petersburg Highway, construction and reconstruction of segments of the M-4 «Don» Highway, as well as construction of the Kerch Strait Bridge.For more detailed information about Mostotrest please visit: www.mostotrest.ru