OREANDA-NEWS. December 16, 2014. The document was developed in full compliance with the recommendations of RF Corporate Governance Code and is based on global and national best practices for professional development of board members.

Its main goals include:

Improving efficiency of the Board’s operations through structured and systematic approach to development of the members’ skills and qualifications;

Improving Board members’ understanding of the Company’s development strategy, operations process and relevant risks;

Establishing good business-relations between members of the Company’s Board of Directors and the Management Board; and

Developing overall management and corporate culture.

The Policy also adds introduction courses for new Board members and yearly advanced training program.