OJSC “VolgaTelecom” Board of directors appointed  the Company’s Corporate secretary, the Provision defining the Corporate secretary’s functions and the procedure of work was approved (the Provision on the Corporate secretary and the apparatus of the Corporate secretary of Open Joint-Stock Company “VolgaTelecom” ).

The post of Corporate secretary is established in accordance with the Company’s charter for the purpose of supporting corporate governance principles, based on the observance of legitimate interests and rights of  all shareholders and investors.

Corporate secretary of the Company is the authorized person whose task is to provide observance by the Company’ bodies and officials  of corporate governance rules and procedures, guaranteeing the realization of the rights and interests of shareholders, and also to organize cooperation between the Company and its shareholders.  The functions of the Corporate secretary are to provide preparation and holding of the shareholder’s meetings, of the Board of director’s  sessions and of the meetings of the Board of directors committees, to assist the members of the Board of directors in performance of their functions, and also to gather, store and disclose the information according to the requirements of the current legislation, the Charter and other internal documents of the Company.

Establishment of the post of Corporate secretary will contribute to the growth of efficiency of OJSC “VolgaTelecom” corporate governance, increase in the investment attractiveness and capitalization, and on the whole  - to the successful development of the Company.

The Board of directors by its decision appointed  Pokrovskaya Nataliya Ivanovna as the Corporate secretary. She was holding the post of the corporate governance department head and during more than 10 years performing the functions of the secretary  of the Company’s Board of directors.