The Audit Commission
The Audit Commission is elected by the General Meeting of Shareholders for the period up to the next Annual General Meeting of Shareholders and acts on the basis of the Federal Law “On Joint Stock Companies”, Article 24 of the Articles of Association of the Company and Regulation on the Audit Commission (Minutes of the Annual General Meeting of Shareholders of March 30, 2006 No. 1429pr/1).
The Audit Commission of the Company exercises control over the financial and economic activities of the Company ensuring performance of the following objectives:
- control over the financial and economic activities of the Company;
- observation of compliance of financial and economic operations performed by the Company with the legislation of the Russian Federation and Articles of Association of the Company;
- independent evaluation of information on the financial condition of the Company.
In 2011, the Annual General Meeting of Shareholders of June 17, 2011 (Minutes No. 01/11 of June 21, 2011) elected an Audit Commission composed of the following members:
| Izumrud Aligadzhievna Alimuradova (Chairman of the Audit Commission) |
Director of the Department for the Internal Audit and Risk Management (and Department Head) of IDGC Holding, JSC Born in 1971, Russian citizen Graduated in 1994 from Dagestan’s Lenin State University Candidate of Economic Sciences |
| Vladimir Nikolaevich Arkhipov | Head of the Security Department of IDGC Holding, JSC Born in 1956, Russian citizen Graduated in 1979 from Novosibirsk Electronic Technical Institute of Communications |
| Igor Yuryevich Bogachev | Leading Expert of the Department of Audit Inspections and Examinations of the Department for the Internal Audit and Risk Management of IDGC Holding, JSC Born in 1959, Russian citizen Graduated in 1981 from Moscow Automechanical Institute |
| Galina Ivanovna Meshalova | Chief Expert of the Department of Audit Inspections and Examinations of the Department for the Internal Audit and Risk Management of IDGC Holding, JSC Born in 1957, Russian citizen Graduated in 1980 from North Ossetia State University |
| Olga Sergeevna Sinitsyna | Chief Expert of the Department of Audit Inspections and Examinations of the Department for the Internal Audit and Risk Management of IDGC Holding, JSC Born in 1979, Russian citizen Graduated in 2001 from Novosibirsk State Academy of Economy and Administration |
Members of the Audit Commission of IDGC of Centre, JSC hold no interest in the authorised capital (interest in ordinary shares) of IDGC of Centre, JSC and its subsidiaries and did not conclude any transactions for the purchase or disposal of shares of the Company in 2011.
Information on the members of the Audit Commission is presented in accordance with the legislation of the Russian Federation with regard to personal information and is available at the corporate website of the Company at the address:
In 2011, the Audit Commission held four meetings on which the following principal resolutions were adopted:
- on approval of time periods set for audit inspection of IDGC of Centre, JSC for 2010 (Minutes No. 4 of March 28, 2011);
- on approval of the conclusions of the Audit Commission on the results of the inspection of the financial and economic activities of IDGC of Centre, JSC for 2010 (Minutes No. 5 of April 11, 2011);
- on approval of the inspection certificate of the Audit Commission of IDGC of Centre, JSC for 2010 (Minutes No. 6 of April 12, 2011);
- on the election of the Chairman and the Secretary of the Audit Commission of the Company; on the engagement of an executive for the drawing up of documents and assistance in organising the work of the Chairman of the Audit Commission (Minutes No. 1 of July 05, 2011).
Minutes of the Audit Commission are available on the corporate website of the Company at the address: