Audit Committee

Overview of the Audit Committee of the Board of Directors of PJSC ROSSETI

The Audit Committee of the Board of Directors of PJSC ROSSETI was established pursuant to the decision adopted by the Board of Directors of PJSC ROSSETI on September 25, 2008 (Minutes No. 4).

Regulations for the Audit Committee of the Board of Directors of PJSC ROSSETI (approved by the decision adopted by the Board of Directors of PJSC ROSSETI on December 25, 2015 (Minutes No. 217))

The principal objectives of the Audit Committee of the Board of Directors of PJSC ROSSETI are as follows:

  • Supervise the preparation of the Company’s accounting (financial) statements;
  • Control the operating reliability and effectiveness of the internal control, risk management, and corporate governance systems;
  • Ensure the independence and objectivity of the internal audit function;
  • Supervise external audit and the selection of the external auditor;
  • Control the operating effectiveness of the system of combating misconduct on the part of the Company’s employees and third parties.

The current members of the Audit Committee of the Board of Directors of PJSC ROSSETI, composed of four people, were approved pursuant to the decisions adopted by the Board of Directors of PJSC ROSSETI on September 23, 2016 (Minutes No. 240) and on October 10, 2016 (Minutes No. 243):

Full NamePosition (as of the time of nomination)
Vasily Mikhailovich Belov Member of the Board of Directors, PJSC ROSSETI, independent director, and Senior Vice-President for Innovations, Non-Profit Organization the Fund for Development of the Center for Elaboration and Commercialization of New Technologies – Chairman of the Committee.
Stanislav Olegovich Ashirov Member of the Board of Directors, PJSC ROSSETI, independent director, and Director General, AO Mezhregionenergosbyt.
Oleg Markovich Dubnov Member of the Board of Directors, PJSC ROSSETI, independent director, and Advisor to the Director General, Institute of Professional Directors.
Alexander Sergeyevich Kalinin Member of the Board of Directors, PJSC ROSSETI, independent director, and President, OPORA RUSSIA All-Russian Public Organization of Small and Medium Business.