Management Board

  • General information
  • Members

The Management Board of «Rosseti Lenenergo», PJSC is the collegial executive body of the Company performing powers from 11.07.2008. Pursuant to the Federal Law "On Joint-Stock Companies", the Company's Charter, and Regulations on the Management Board of «Rosseti Lenenergo», PJSC, the following issues pertain to the competence of the Management Board:

1) development and submission to the Board of Directors of long-term plans for the implementation of the main directions of the Company's activities;

2) preparation of the Annual Report of the Company, a Report on the implementation by the Management Board of decisions of the General Shareholders’ Meeting and the Board of Directors of the Company;

3) consideration of Reports (information) of the Deputy General Directors of the Company, heads of structural divisions of the Company on the activities of the Company and its subsidiaries and dependent companies, submitted for consideration by the Management Board of the Company in accordance with instructions from the Management Board or the Board of Directors of the Company;

4) establishment of social benefits and guarantees for the employees of the Company;

5) making decisions on issues related to the competence of the supreme management bodies of business entities, 100 (one hundred) percent of the authorized capital of which belongs to the Company;

6) making decisions on the conclusion of transactions, the subject of which is property, work and services, the cost of which ranges from 5 (five) to 25 (twenty five) percent of the book value of the Company's assets according to the Financial Statements as of the last reporting date;

7) effective risk management within the framework of the current activities of the Company; approval of the budget for risk management activities in the Company within the limits agreed upon by the decision of the Board of Directors of the Company; resolution of cross-functional (performed by several structural divisions) risk management tasks;

8) preparation of a business plan (revised business plan) and a quarterly report on the implementation of the business plan (for the first quarter, first half of the year, nine months, the reporting year);

9) resolving other issues of managing the current activities of the Company in accordance with decisions of the General Shareholders’ Meeting, the Board of Directors of the Company, as well as issues submitted for consideration to the Management Board by the General Director of the Company.