Moscow,
8 October 2025
– X5 (MOEX: X5), a leading Russian food retailer, announces
the appointment of Nikolay Ivanov as head of the Group’s
Finance Department. He will be responsible for strategic and
financial planning, liquidity and capital structure management, tax
risk mitigation,
and enhancing X5’s case in the financial and
investment markets.
Nikolay’s track
record in finance exceeds 20 years. He previously served as Vice
President for
Finance at NLMK Group and held managerial
positions in finance and commerce in such
companies as EVRAZ,
VimpelCom and TNK-BP.
Nikolay holds degrees
from the Financial University under the Government of the
Russian
Federation and Truman State University (USA).
“I am very
pleased to join X5’s team and lead the Group’s Finance
Department. My focus will be on
driving business efficiency by
refining X5’s financial strategy and risk management – which
includes
adapting the financial structure to the evolving market
– alongside strengthening investor relations
and digitalising
financial operations,” Nikolay
Ivanov said.
Press
release
pdf,
108 KB
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