Executive Bodies

Current activities of PJSC Kubanenergo are managed by the sole executive body, the Director General, and a collective executive body, the Management Board. 

The Director General and the Management Board are accountable to General Meeting of Shareholders and the Board of Directors of the Company.

In accordance with the Company’s Articles of Association, the Director General is elected by the Board of Directors and is the Chairman of the Management Board. Members of the Management Board are also elected by the Board of Directors following a proposal of the Director General of the Company in the number specified by the decision of the Board of Directors.

All members of the Management Board, including the Chairman of the Management Board, have sufficient experience, knowledge and skills required for due performance of their obligations. The Director General and members of the Management Board act in good faith in the interests of the Company and all its shareholders. In order to avoid conflict of interest and related negative consequences for the Company, members of the Management Board disclose all information on their commercial activity unrelated to the Company.