OREANDA-NEWS. September 23, 2009. Rambler Media  Limited  (RMG.LN)  (“Rambler” or  the  “Group”),  the operator of one of Russia’s most popular internet brands, is pleased to announce the appointment of Andrey Terekhov as the Group’s new Chief Financial Officer  (“CFO”) with effect  from September 1, 2009, and also  the appointment of Olga Paskina as a Non-Executive Director, with effect from 1 September, 2009.

Andrey joins Rambler from Russia’s X5 Retail Group, where he most recently held the position of CFO  for  the Group’s Ukrainian operations. Prior  to  this, he was X5’s Director of  Internal Audit, General Director and  Integration Coordinator  for  two  retail  divisions  that were  acquired by  the Group  in  the period 2006-07, where he presided over 2,000 employees and US\\$100 million  in revenues. Prior to his time at X5, Mr. Terekhov was Head of Internal Audit for the Russian Retail Chain, Perekriostok, and worked in the Internal Control Department of Philip Morris Kazakhstan.       

Andrey holds a Bachelor’s degree  in Economic and  Information Systems from  the Kazakh State Academy of Management, and a PG Diploma  in Audit Management and Consultancy  from  the University of Central England in the United Kingdom. 

Olga is the Vice President of Legal and Corporate Development for ProfMedia, the largest private diversified media holding  in Russia and Rambler’s majority shareholder.   Prior  to  this, she was the People Director for InBev/SUN Interbrew, the World’s largest International Brewing Company and  Legal  Director  for  InBev  Russia  between  2002  and  2007.    Prior  to  this,  she  was  Legal Counsel at Specialized cargo autotransport company, Ltd.  

Olga has participated in the INSEAD & Wharton Executive Management Program and also holds a Bachelor’s Degree in Economics as well as a Bachelor’s degree in Law from Volgograd State University.

Olga  Turischeva,  The  Group’s  Chief  Executive  Officer  commented:  “We  are  delighted  to welcome  Andrey  Terekhov  to  Rambler  Media  and  Olga  Paskina  to  our  Board  of  Directors. Andrey’s  professional  qualifications,  understanding  of  the  regional  Russian markets,  his M&A experience and operating financial skills gained in both UK and Russian accounting standards will enhance the development of Rambler’s financial management and reporting processes. Andrey is part of a brand new team coming to Rambler, who are tasked with ensuring the smooth execution of the new management team’s plans and establish a new corporate culture to take the company to the next level of its development. Olga’s background in Legal and Corporate Development will also be very valuable to Rambler’s Board of Directors.”