At its regular meeting, the Board of Directors of JSC North-West Telecom has appointed the Corporate Secretary of the Company and approved the "Provisions on the Corporate Secretary and Staff of the Corporate Secretary of NWT JSC ".  

The introduction of the institute of the Corporate Secretary will make it possible to organize a more efficient interaction between the Company and its shareholders and is one of the most important elements of ensuring effective activities of the Board of Directors and their transparency for the shareholders and investors.

The Corporate Secretary shall discharge the following functions:

• organizing the preparation for and ensuring the holding of general shareholders meetings in compliance with the requirements of the effective laws, Articles of Association and other bylaws of the Company,    
• organizing interaction between the Company and shareholders,
• ensuring the work of the Board of Directors and its Committees,
• keeping documents and disclosing information on the Company,
• ensuring the work of the executive bodies.

The staff of the Corporate Secretary has been formed in the Company for the fulfillment of the Corporate Secretary function.    

Nikolay Bredkov has been appointed the first Corporate Secretary of NWT JSC. N.G. Bredkov has been working for the Company since 1989, and since January 2001 he has occupied the position of the Structural Reorganization Director and Manager of the Structural Reorganization Department of the Corporate Governance of, NWT JSC. Since April 2002 he has been the Deputy General Manager for Corporate Governance of NWT JSC.  

In compliance with the "Proposals on the Reorganization of the Structure of JSC NWT's General Directorate", a corporate relations unit has been created on the basis of the Department of Securities and Corporate Governance and the IR & PR Department. Ella Tomilina, Deputy General Manager for Corporate Affairs, the former IR & PR Officer, heads this unit.    

As V.A. Akulich, Chief Executive Officer of North-West Telecom JSC noted, "North-West Telecom has always done its best to enhance information transparencies, the quality of corporate governance and trust of investors. These decisions are another step aimed at improving the quality of corporate governance, enhancing the protection of the rights and legal interests of JSC NWT's shareholders, bringing them closer to international standards and creating conditions for the growth of Company's investment attractiveness."