The term of appointment of SCF’s President and CEO extended for 5 years

In accordance with the decision of the shareholder (decree of the Federal Agency for State Property Management ("Rosimuschestvo") № 432-р of 19.06.2015) the term of appointment of the President and Chief Executive Officer of PAO Sovcomflot Sergey Ottovich Frank has been extended for five years.

Notes for Editors:

In accordance with directives of the Government of the Russian Federation, on 4 October 2004 Sergey Ottovich Frank was named the President and Chief Executive Officer of OAO Sovcomflot (since 2014 – PAO Sovcomflot) by an extraordinary general meeting of shareholders.

In 2014 S.O. Frank was elected Chairman of the Board of AO United Shipbuilding Corporation. Besides at the moment he is a member of the presidium at the Maritime Board under the Government of the Russian Federation; member of the State Committee for issues of development of the Arctic; member of the Board of the Russian Union of Industrialists and Entrepreneurs; deputy head of the Union’s committee for transport and transport infrastructure; head of the council at the Russian Chamber of Shipping, head of  the supervisory board and the honorary president of the Admiral G.I Nevelskoy Maritime State University; member of the supervisory board of the Russian Geographic Society.