OREANDA-NEWS. June 16, 2010. In accordance with an order of the ROSNO CEO, Veronika Varshavskaya, who previously was deputy director of the Corporate Legal Department, has been appointed Deputy CEO / Director of the Corporate Governance Center, reported the press-centre of ROSNO.

The Corporate Governance Center has been newly established by ROSNO in June 2010 in order to optimize workflow and standards, minimize legal and HR risks, to introduce Allianz standards in company management, and to ensure efficient organizational development.

The new center incorporates the Corporate Legal Department and the HR Department, Moreover the Center’s functions include development of Compliance1 projects.

Veronika Varshavskaya was born in Moscow on 03.01.1974. She graduated from the Department of Law of the M.V. Lomonosov State University of Moscow in 1996. She also has Federal Financial Markets Service (FFMS) certificates (securities market professional) of grades 1. 0 and 5.0. Since 1997 Veronika became a member of Bar Association of the City of Moscow.

From 1998 to 2006, Veronika worked with international law firms McGuireWoods and Hammonds Zhigachov Christophoroff, where she was responsible for corporate legal issues, local and international mergers and acquisitions, securities, banking law, bankruptcies, and labor law; she also represented clients’ interests in courts of arbitration and of general jurisdiction. In 2006 Veronika joined Allianz ROSNO Asset Management OJSC as Deputy CEO / Head of Legal & Compliance where she was responsible for: legal supporting of business operations, development and supervising of current activity of mutual funds, implementation of internal control and Compliance system according to Russian legislation and Allianz Group policy. From August 2009, she headed the ROSNO Corporate Legal Department.

1 Compliance means a system aimed at protecting the interests of company shareholders, managers and other employees from possible unconscious violations of business rules and standards. It protects from legal suits and sanctions, helps prevent image losses, and contributes to the reputation, thus increasing the company’s value in the eyes of investors.