OREANDA-NEWS. On 5 March, Moscow Exchange”s Supervisory Board approved the shareholders” list of Board candidates. The new Board will be appointed at the exchange”s 2014 AGM.

In accordance with the law “On Joint Stock Companies”, shareholders had 60 days following the end of the 2013 calendar year to propose Supervisory Board candidates.

The list includes 15 candidates, of which five are deemed independent. The Supervisory Board currently comprises 19 members; shareholders voted at the November 2013 EGM to decrease that number to 15 to improve the board”s efficiency.