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Yesterday β€” April 19th 2018Broadband TV News: People

Kennet Radne to head Telia in Latvia

By Chris Dziadul

Telia has appointed Kennet Radne as its country manager in Latvia, with responsibilities for Telia Latvia, LMT and Lattelecom and collaboration with the Latvian government.

According to Telia, representation in the LMT supervisory council has been adjusted in view of this appointment.

It adds that following dissolution of Telia Company Corporate Holdings, responsibilities for operations in Latvia have been handed over to Ingrid Stenmark, head of CEO office, strategy and combined assurance, to whom Radne will report.

Stenmark said: After the decision of the Latvian government in November 2017 to keep the structure of LMT and Lattelecom as is, we are looking at how to best implement Telia Company’s strategy in the Latvian context. Our immediate focus is to work with the other shareholder on improving the corporate governance of the two companies in a way that fits the vision and strategy of both shareholders and contributes to enhancing the digitalisation potential of Latvia”.

Radne added: “We have three excellent companies in Latvia but I see a good potential for improvement through better cooperation between these organisations as we work to establish a more active way to engage with their management teams. I am looking forward to interact with all stakeholders to improve companies’ service offerings to the market and to drive the digitalisation and innovation agenda in Latvia. There is a big potential to develop new services in the areas of Internet of Things, data analytics and new media”.

Until January, Radne was acting chief operating officer in Azercell, a Telia subsidiary which was divested in March 2018. He has held a variety of commercial positions during his 17 years at Telia, which have also included representation on the boards of Telia entities in Latvia, Estonia and Lithuania.

In addition to his role as country manager, Radne has become the new chair of the LMT Supervisory Council.

Telia is the biggest shareholder in LMT, with an around 60% direct and indirect stake in the company. It has a 49% direct stake in Lattelecom. Telia Latvia is a fully owned Telia subsidiary.

Separately, Lattelecom turnover in Q1 amounted to €47.8 million, a 7% increase on the same period last year. Its profit was €7 million, which was unchanged on a year earlier. Revenues from TV services increased slightly, with a growing number of Lattelecom Interactive TV users and the growing popularity of the Shortcut app, which offers customers versatile content and interactivity.

Before yesterdayBroadband TV News: People

Meelis Anton joins Levira board

By Chris Dziadul

Meelis Anton, head of Levira’s network services, has become a member of the company’s board of directors.

He joins Tiit Tammiste, the chairman of the management board; Indrek Lepp, the director of media services; and Taavi Tapner, the finance director; on the board.

Anton has been instrumental in the development of Levira’s IoT business, which was launched last year and now has many cooperation agreements.

Prior to joining Levira, he worked for Ericsson’s Austrian and Estonian units and Eesti Post and Cybernetics.

Levira is based in the Estonian capital, Tallinn, and provides digital services.

It is 51% owned by the Republic of Estonia, with France’s TDF holding the remaining 49% of shares.

Christoph Vilanek remains CEO of Freenet

By JΓΆrn Krieger

The Supervisory Board of German media company Freenet AG has extended the contract of CEO Christoph Vilanek by five years until December 31, 2023.

“Christoph Vilanek took over the management of the company in 2009 in a challenging situation, restructured the Freenet Group and strategically positioned it for the future by entering the TV business. He enjoys the trust of investors, the Supervisory Board and employees, and accordingly I am very happy that Christoph Vilanek will shape the future of Freenet AG for another five years,” said Professor Dr Helmut Thoma, Chairman of the Supervisory Board.

Vilanek explained: “I would like to thank the Supervisory Board for their confidence and I am highly motivated to continue the successful development of Freenet AG together with my colleagues in the Executive Board.”

The Supervisory Board has also appointed Antonius Fromme and Rickmann von Platen to the Executive Board effective June 1, 2018. Fromme will be responsible for customer experience, while von Platen will head the partner management. Both have been with the company for over 15 years.

Maxime Saada to head Canal+ Group operations

By Chris Dziadul

The Canal+ Group supervisory board has unanimously appointed Maxime Saada chairman of the group’s managing board.

In this capacity, he will head all of the group’s operations.

Saada succeeds Jean-Christophe Thiery, who is appointed chairman of the supervisory board, replacing Vincent Bolloré.

Saada graduated from the Institute of Political Studies in Paris and holds an MBA from HEC. After working at DATAR and McKinsey & Company, he joined Canal+ Group in 2004, where he successively was head of strategy, marketing, sales, distribution and content.

Meanwhile, after leaving the Ministry of Finance, Thiery, a former ENA student, spent his entire career in the media industry within the Bolloré Group, which he joined in 2001 before becoming chairman of the managing board of the Canal+ Group in 2015.

Euronews appoints Françoise Champey as Chief Content Officer

By Robert Briel

Michael Peters, CEO of Euronews, has appointed Françoise Champey to work alongside him as Chief Content Officer and Member of the Executive Committee.

Françoise Champey is based at the group’s headquarters in Lyon and is responsible for all newsrooms. She Françoise replaces Lucian Sârb, who had joined Euronews in 2009.

With 24 years’ experience in key international media, Françoise has managed multilingual and multicultural teams. Most recently she worked as Director of the English service of France 24. Prior to that, she was Editor in Chief at Al Jazeera English, headed up the Afghan service of Voice of America, and also managed the North and South American bureaus of Reuters TV.

Françoise Champey’s appointment was made in cooperation with Deborah Turness, President of NBC News International, in accordance with the new shareholder agreements signed in June 2017 when NBC News bought stakes in Euronews. Within this context, Françoise will work closely with Deborah in order to oversee the new editorial offering. She will ensure its implementation across all media platforms.

François now heads up a team of 500 journalists and a new network of correspondents. Her mission is to guarantee the independence of the editorial line and ensure coherence between all language editions while respecting Euronews’ European DNA, which has been at the core of its identity for 25 years.

“I am very proud to welcome Françoise. Her international experience in multicultural teams and her passion for journalism and journalists are major assets for Euronews. I am certain she will bring her great know-how to our multicultural team,” said Michael Peters, CEO of Euronews and President of Africanews.

“I would also like to thank Lucian Sârb very warmly. He has been a close and valued colleague. Lucian was involved in creating our new editorial strategy, thereby building solid foundations for the current essential transformations. Lucian is and will always be a friend of Euronews.”

Deborah Turness, President of NBC News International dded: “Françoise is a journalist, a TV News professional and a proven leader of international newsrooms. As we build and invest in the future of Euronews, she is well qualified to deliver the bold innovation, the editorial strength and the creative content that we will be rolling out in the months ahead. I am thrilled she has joined us.”

UKTV appoints Ronan Hand as director of programme funding

By Julian Clover

UKTV has announced the appointment of Ronan Hand as director of programme funding.

The position, which sits within UKTV’s commercial team, has been created to help the broadcaster realise its ambitions in IP ownership and original commissions.

Hand, who joins from ITV next month, will be responsible for expanding UKTV’s international sales footprint and amplifying the role of advertiser funded programming within UKTV’s programme mix.

Simon Michaelides, UKTV’s chief commercial officer, said: “I’m delighted to welcome Ronan to UKTV. He has a glowing reputation, a keen editorial eye, and a wealth of experience across multiple genres, all of which make him ideally suited to help us realise our ambitions as an originator of differentiated content. At UKTV we value creativity, collaboration, and the ability to challenge the status quo. These are precisely the skills that Ronan has built his reputation on, and we look forward to him putting them into practice at UKTV.”

Hand, who currently works within ITV Studios’ Global Entertainment Team has previously held roles at Flextech and Virgin Media TV in the UK. Directly prior to joining ITV Studios he was head of global acquisitions for the Fox International Channels Group.

John-Paul Hemingway new CEO of SES Networks

By Robert Briel

SES announced has appointed John-Paul Hemingway as CEO of SES Networks with effect from April 5, 2018, succeeding Steve Collar who officially takes on his new position as President & CEO of SES.

In his new function, Hemingway will join the Executive Committee of SES which then comprises Steve Collar (President & CEO), Andrew Browne (Chief Financial Officer), Ferdinand Kayser (CEO SES Video), Christophe De Hauwer (Chief Strategy and Development Officer), Martin Halliwell (Chief Technology Officer), Evie Roos (Chief Human Resources Officer) and John Purvis (Chief Legal Officer).

Hemingway previously served as SES Networks’ Executive Vice President of Product, Marketing & Strategy where he was responsible for business development, strategy, product development and management as well as marketing. He was the Chief Marketing Officer of O3b Networks before SES acquired the company and integrated it into its data-focused business unit, SES Networks. Hemingway joined O3b from the network specialist Ciena where he held various senior management roles in strategy, sales, product, marketing and technical functions. He holds a PhD in Optical Communications from Manchester Metropolitan University in the UK and is a British citizen.

“John-Paul was instrumental in the outstanding success of O3b and its integration into SES,” said SES President & CEO Steve Collar.

“Not only is John-Paul an executive with extensive skill sets and experiences in numerous disciplines, his background in the telecommunications and network industry also means that he has great insights into what our customers are seeking when building and managing their network and business solutions. I have no doubt that John-Paul will set out to lead the teams and achieve the vision of SES Networks to capture significant growth potential in our different markets and segments and become a leading global communications service provider.”

Changes at the top for Poland’s ZPR Media

By Chris Dziadul

Marek Bialek has resigned from the position of VP of the board Poland’s ZPR Media Media, responsible for its advertising division.

At the same time, Ewa Latkowska has joined the board, where as VP she will be responsible for TV and video production.

Bialek has now assumed a new role as an advisor to the board and said: “ our task is to use the back office, which today produces materials for TV stations and commercial clients, and then commercialise this segment on a wider scale than before”.

ZPR Media has been an important player in Poland’s TV industry for several years. It founded the channels Polo TV and Eska TV, and subsequently launched the Fokus TV and Vox Music TV in 2014, Nowa TV in 2016 and Eska TV Extra and Eska Rock TV in 2017.

In December 2017 Polsat acquired 100 per cent of Eska TV, Eska TV Extra, Eska Rock TV, Polo TV and Vox Music TV, along with 34 per cent of Fokus TV and Nowa TV. However, under the terms of the agreement between the two parties it continues to operate the channels it founded.

ZPR Media is also engaged in the production of TV content.

EBU appoints Vanessa O’Connor

By Robert Briel

Vanessa O’Connor has been appointed to the new role of Director of Member Relations and Communications at the EBU.

She joins the EBU from Eutelsat where, as Corporate Communications Director, she took part in key phases of its development, including restructuring from a European intergovernmental organisation into a private company and the expansion of Eutelsat’s global activities across video, telecommunications and broadband markets.

Vanessa managed an international team operating out of Eutelsat’s Head Office in Paris where she developed and implemented company-wide communications strategies targeting diverse stakeholders in both commercial and public sector environments.

In her new role, she will be responsible for strengthening the EBU’s relations with Members and developing a long-term communications strategy for the EBU, and for public service media in general.

EBU Director General Noel Curran said: “Vanessa is going to be a real asset to the Management Team here at the EBU. We are a Member-led organisation and we need to ensure we are meeting the needs of all our Members, large or small, and communicating better about the range of services we provide.

“Vanessa brings with her a wealth of experience in corporate communications and we are looking forward to working with her to improve our engagement with all our stakeholders.”

Vanessa O’Connor added: “I’m delighted to be joining the EBU and to have the opportunity to work for an organisation and a community of Members that set the benchmark for excellence and vision in the media industry.

“The EBU’s exceptional range of activities reflects a commitment to maintaining Public Service Media relevant and at the top of its game. I look forward to being part of this effort and to working with the talent at the EBU to meet the diverse needs of Members as they evolve and grow in fast-moving and challenging environments.”

Prior to joining Eutelsat in 1988, Vanessa worked in London as Editor-in-Chief of Digital TV Europe, the first pan-European publication on new media. She graduated in Modern Languages from the University of Oxford and speaks English, French and German. She will take up her new role on June 1st and will be based in Geneva.

Susan Rice appointed to Netflix board of directors

By Robert Briel

Netflix has appointed Ambassador Susan E. Rice, a former US National Security Advisor and Ambassador to the United Nations, to its board of directors.

Ambassador Rice is currently a distinguished visiting research fellow at American University’s School of International Service, non-resident senior fellow at the Belfer Center for Science and International Affairs at Harvard’s Kennedy School of Government, and contributing opinion writer for the New York Times.

“We are delighted to welcome Ambassador Rice to the Netflix board,” said Netflix co-founder and CEO Reed Hastings.

“For decades, she has tackled difficult, complex global issues with intelligence, integrity and insight and we look forward to benefiting from her experience and wisdom.”

“I am thrilled to be joining the board of directors of Netflix, a cutting-edge company whose leadership, high-quality productions, and unique culture I deeply admire,” said Ambassador Rice.

Doina Gradea to head Romanian pubcaster

By Chris Dziadul

Doina Gradea has been appointed the new president and DG of the Romanian public broadcaster SRTv.

In a statement, SRTv says the decision was validated by parliament, with 209 votes in favour and 40 against.

At a plenary session of the Culture Commission, Gradea said that the new leadership at SRTv wants to make the broadcaster a more flexible organisation, produce more dynamic programming and make more effective use of human and financial resources.

A plenary session of the senate and chamber of deputies approved, by 348 votes for and two against, the composition of the 13-member board of directors at SRTv.

After validation by parliament, the new members of the board met and proposed Doina Gradea as president and DG.

New senior management team at Eurosport

By Chris Dziadul

Discovery has announced an update to the senior management team of Eurosport follwoing the departure of CEO Peter Hutton (pictured), senior VP content and production, Arnaud Simon, and VP Olympic relations, Geraldine Filiol.

It sees Emir Osmanbegovic appointed senior VP, sports content and production; Dave Schafer assume the role of senior VP, sports operations and planning; and Laurent Prud’homme, senior VP, take on an expanded role that will now include additional responsibility for IOC and media services, and interim oversight of Eurosport’s events business, as well as continuing to oversee its rights acquisition and syndication groups, including the Olympics.

Schafer, who has already directed the planning and operational delivery of the company’s inaugural Olympic Games, will now lead all sports operations activities across the Olympics and Eurosport’s year-round calendar of premium live sports events. Both he and Osmanbegovic will re-locate to Eurosport in Paris.

Jean-Briac Perrette, president and CEO of Discovery Networks International, said: “As the first record-breaking chapter of our Olympic journey is complete, it’s proven to be an opportune time to reconsider our leadership and organisation with the goal of continuing to improve and grow the Eurosport business and brand. While the Olympics is a key part of Eurosport’s offering, one of our greatest strengths is that we showcase Olympic sports all-year round and these appointments will help usher in another great phase of growth for Eurosport.

“Emir and Dave, two world class sports leaders, will re-locate to Paris and bring a fresh perspective on how we maximise the value of our unique combination of talented central or Paris-based resources and local experts based in the markets. I am delighted to welcome them into their new roles. Laurent Prud’homme is also a fantastic and respected industry leader who knows the Eurosport brand inside out and will play an integral rights and commercial development role as we look to continue to develop Discovery’s premium sports brand.”

Discovery has also confirmed the upcoming departure of CEO Peter Hutton, while senior VP content and production, Arnaud Simon, and VP Olympic relations, Geraldine Filiol, will also depart the company to pursue other opportunities.

JB Perrette added: “I would like to thank Peter, Arnaud and Geraldine for their great partnership and commitment to help Eurosport transform into a more premium sports brand, culminating in Eurosport delivering its first Olympic Games to millions of fans across Europe.”

Discovery and Eurosport have launched an external search to fill the vacant CEO role. In the interim, the Eurosport leadership team will report directly to Perrette.

Wallestam to head MTG Sweden

By Julian Clover

Filippa Wallestam is to take over responsibility for TV3, TV6, TV8 and TV10 together with Viasat, Viafree and MTG’s radio business in Sweden.

Wallestam becomes CEO of MTG Sweden following last week’s announcement that the company will split into two separate businesses – MTG and Nordic Entertainment Group.

“I’m delighted that Filippa will become the new CEO of MTG Sweden and the future CEO of Nordic Entertainment Group Sweden,” said Anders Jensen, EVP and CEO of MTG Nordic Entertainment. “As Head of Nordic Entertainment Operations and a member of our Nordic leadership team, Filippa has played a vital role in MTG’s success story in the Nordic region. She has outstanding strategic abilities and knows our business like the back of her hand. Filippa is just the right person to continue developing MTG Sweden as the company continues its journey within Nordic Entertainment Group.”

Wallestam will report to Anders Jensen, who will become President and CEO of Nordic Entertainment Group.

Marco Tinnirello to head EBU’s Eurovision Media Services

By Chris Dziadul

Marco Tinnirello has been appointed the new CEO of Eurovision Media Services (EMS), the business arm of the EBU, effective July 1.

Tinnirello has worked in the broadcasting service sector for over 20 years and was most recently MD for Encompass Digital Media in the APAC and EMEA regions. He started his career in media broadcast at Globecast UK where he led data services, corporate IT and the development of satellite data services, and also worked at Arqiva for over eight years in a number of leading operational, technical and commercial roles.

Commenting on the appointment, EBU DG Noel Curran said: “We are delighted that Marco is joining the organisation at such a critical time in its development.

“With over 50 years’ experience, EMS is already the first choice media services provider for many media organisations and sport federations across the world. I am convinced that, with his sound experience and remarkable track record of achievements, Marco is the right person to help grow and add value to our range of digital broadcast services and solutions for our clients and member organisations.”

Tinnirello added: “I am delighted to be joining EMS and look forward to working with a team and organisation that is so highly regarded in our industry. That excellent reputation is well earned and is a result of the talent within EBU and EMS successfully delivering high quality services for many years.

“The media industry continues to see an unprecedented amount of change, and with that change come great opportunities. EMS’ track record puts it in a wonderful position to be able to deliver new digital products and services to help media organisations succeed in this ever-evolving broadcast space.”

Tinnirello replaces Graham Warren, who retired from the EBU this month.

Wolfram Winter joins Pictures in a Frame

By JΓΆrn Krieger

Professor Wolfram Winter, former head of communications and corporate spokesman of German pay-TV broadcaster Sky Deutschland, has acquired a 15% stake in German movie production company Pictures in a Frame.

Winter (pictured in the middle) purchased the shares from the two founders Tobias Herrmann and Jan Gallasch (pictured left and right) who are also Managing Directors of the company created in 2011. Winter will become the Chairman of the Shareholders’ Meeting.

“We are very pleased that Wolfram will invest in our growing company and support us in further expanding our production volume,” said the two founders of the production firm located on the Bavaria Film premises in Munich.

Winter added: “Since the time when I was teaching Jan and Tobias at Macromedia University in 2011, I was convinced of their talent and skill. They created a company and a track record out of nothing. It gives me great pleasure supporting them in their growth ambitions as a shareholder and chairman.”

Among the productions Pictures in a Frame has worked on is the comedy Bruder vor Luder (480,000 cinema-goers in D/A/CH, distributed by Constantin Film), the drama Nirgendwo (world premiere at the 12th Filmfest Zürich) and the comedy 25 km/h by Markus Goller & Oliver Ziegenbalg which will be released nationwide in cinemas by Sony Pictures Entertainment Deutschland on November 1, 2018.

Winter left Sky in July 2017 after 10 years at the pay-TV broadcaster. His successor as Senior Vice President Communications and corporate spokesman is Ralph Fürther who held various management positions at Sky since 1999.

UKTV’s Emma Tennant dies

By Julian Clover

Emma Tennant, the former ITV executive who has been controller of UKTV since 2011 has died after a long battle with cancer.

CEO Darren Childs said the broadcaster’s thoughts were with her husband, daughters and many friends. “Anyone who met Emma knew her to be one of the kindest, warmest and most nurturing people working in television. She had a sharp wit and incredible strength, and is an inspiration to her team and those around her. We are all in total admiration of how hard she fought, and how she was still able to put other’s needs before her own. Despite her long illness, her untimely passing comes as an awful shock to me and all of our colleagues.”

UKTV’s development under Tennant’s stewardship included the launch of new channel Drama and the premium entertainment channel W. UKTV also significantly increased its original production.

As Controller of ITV Digital channels she helped develop the editorial strategy for ITV2, ITV3, ITV4 and CITV.

She also worked for the former Living TV.

UKTV are inviting donations to GIST Support UK, which supports those with the rare former of cancer to be made in Emma’s name.


CΓ©cile Frot-Coutaz leaves Freemantle for YouTube

By by Robert Briel and Julian Clover

UPDATED.Cécile Frot-Coutaz has been named as the new head of Head of YouTube in Europe, Middle East and Africa.

She was previously the CEO of FreemantleMedia, where she had been for 23 years.

In her new role, Frot-Coutaz will report to Robert Kyncl, Chief Business Officer for YouTube, who said, “Cécile comes with incredible experience in the media industry. Her leadership, guidance, strong network and deep industry understanding will be invaluable as we continue to strengthen our partnerships and grow our creator base throughout Europe, the Middle East and Africa.”

RTL Group’s Executive Committee is in constructive talks with Cécile Frot-Coutaz for a smooth transition at the helm of the Group’s global content arm until her departure.

Bert Habets, CEO of RTL Group, says: “I would like to thank Cécile for her extraordinary creative and commercial achievements at FremantleMedia. She has built FremantleMedia North America into the largest operation in FremantleMedia’s global network, serving also as executive producer of hit formats such as American Idol and America’s Got Talent.

“As CEO of FremantleMedia, she has successfully put creativity back in the centre of the company over the past six years. With its expanding slate of high-end drama series and iconic entertainment shows, FremantleMedia is strongly positioned to grow significantly in the future. I regret, but understand Cécile’s decision. All of us wish her the best in her future endeavors.”

Born and raised in France, Cécile Frot-Coutaz earned her MBA from the Insead business school in 1994. When Pearson purchased the assets of Grundy Television, Frot-Coutaz was named Corporate Strategy Executive for the newly created Pearson Television.

She then spearheaded the subsequent acquisition and integration of All-American Fremantle into the Pearson Television Group. After a short stint in San Francisco creating online and interactive strategies for Pearson Television, Frot-Coutaz joined the North American headquarters of the newly rebranded FremantleMedia in Los Angeles, where she served as Executive Vice President, Commercial and Operations until her promotion to COO of Production in 2002, and CEO in 2005. In 2012, she was appointed CEO of FremantleMedia, based in London.

Karin Schmidt to leave Sunrise

By Robert Briel

Sunrise Communications Group has announced that Karin Schmidt, Chief Human Resources Officer and Member of the Executive Leadership Team, has decided to leave the company to pursue new challenges.

“Karin has successfully supported Sunrise as a modern, people-oriented top employer in the Swiss telecommunications market. We have achieved this position thanks to a vibrant corporate culture based on new brand values and an even stronger focus on employee engagement and development – including the highest proportion of trainees of all the telecommunications providers – among other things. Together with the Board of Directors and the Executive Leadership Team, I would like to thank her for her commitment and dedication”, commented Olaf Swantee, CEO.

Karin Schmidt joined Sunrise in 2013 as Head of HR Operations Commercial/Finance, and has been Chief Human Resources Officer since May 2016. Her resignation from the Executive Leadership Team will be effective as of 24 March 2018.

Until a successor is appointed, the position will be led on an interim basis by Françoise Clemes, Chief Services Officer at Sunrise. Prior to joining Sunrise in 2016, Françoise was Chief of HR and Chief of Customer Services for the UK mobile operator EE.

BBC Worldwide Productions France restructures management

By Robert Briel

BBC Worldwide has announced a restructure of the senior management team at its French production base as Gery Leymergie and Pierre-Marie Gadonneix take up new positions within the company.

The production base will now have two senior directors with Gery Leymergie promoted to Chief Content Officer, overseeing all factual and entertainment programming and Pierre-Marie Gadonneix as Chief Operating Officer responsible for the production teams and all operations. Both Gery and Pierre-Marie will report to Jacob Deboer, Global Commercial Director, Formats & Production.

Jacob Deboer commented: “The reorganisation of our senior team simplifies our reporting structure and with Gery and Pierre-Marie, both well established at BBC Worldwide and leading the business, 2018 is shaping up to be our busiest year ever.”

BBC Worldwide Productions France has recently been commissioned by Arte France to produce a new documentary, In Search of the Orient Express (working title). Another production in the pipeline is the 2nd series of the popular documentary The Secret Life of Cats (La Vie Secrète des Chats) which has been recommissioned by TF1.

BBC Worldwide Productions France was formed in 2009 and has introduced a wide range of popular British shows to French audiences. For 2018, the production base has a slate that includes Dancing with the Stars Series 9 (Danse avec les Stars) for TF1, Top Gear France Series 5 for RMC Decouverte and a 7th series of Great Bake Off (Le Meilleur Pâtissier) for M6 as well as developing several scripted formats.

Rostelecom promotes Sergei Anokhin

By Chris Dziadul

Sergei Anokhin has been appointed senior VP and CFO at Russia’s Rostelecom.

In his new position, he will be responsible for the company’s finance, economics, investments and reporting, as well as managing procurement activities and implementing projects to improve Rostelecom’s operational efficiency. He will also continue to be responsible for issues of strategic planning and implementation of the strategy.

Anokhin joined Rostelecom as senior VP in April 2017. At that time, he was responsible for strategic planning, innovative development, M&A and investor relations, as well as for the implementation of projects relating to the transformation of Rostelecom’s business and improving its operating efficiency. These responsibilities will now be divided across the management team.

Meanwhile, Kai-Uwe Mehlhorn, who served as the company’s CFO since 2013, will be leaving Rostelecom to pursue other interests.

Commenting on the development, Mikhail Oseevsky, CEO of Rostelecom, said: “I would like to thank Kai-Uwe for his contribution to the development of Rostelecom. During his tenure, the company underwent a complete restructuring, procurement activities became more transparent, the ratio of capital expenditure to revenue was reduced from 28.4% in 2012 to 18.8% last year, and the operational efficiency programme resulted in savings of R17.5 billion. He also helped establish a multifunctional General Service Centre to provide a whole range of standard business operations. I welcome the new appointment of Sergei Anokhin. In his new role, Sergei will have more opportunities and authority to implement the company’s strategy, which was developed with his direct involvement.”