Chief Executive Officer
The Chief Executive Officer (CEO), who is appointed by the Board of Directors from among the executive members of the Board of Directors, coordinates the work of the executive members of the Board of Directors and organizes the business activities of the company. In addition, the CEO is responsible for the day-to-day management of the company, and has the authority to decide on matters which are not within the competences of the Shareholders’ Assembly or the Board of Directors.
In accordance with the principles of good practice of corporate governance, the functions of the CEO and the Chairman of the Board of Directors are separate, so the CEO cannot at the same time be the Chairman of the Board of Directors. The CEO is the legal representative of NIS.
The Chief Executive Officer of NIS j.s.c. Novi Sad is Mr. Кirill Tyurdenev.
He undertook studies at the Moscow State Institute of International Relations (MGIMO), graduating from the Faculty of International Relations with a Bachelor’s degree in Political Science and International Relations (with honors), and subsequently earning his Master’s degree in International Law (with honors). He also obtained a Master of Laws (LL.M) degree from the University of Manchester and completed executive education programs at INSEAD and London Business School.
From 2000 to 2004, Mr. Tyurdenev worked for A.T. Kearney and Unilever and in 2004 he joined McKinsey & Co. From 2007 to 2012, Mr. Tyurdenev worked for Sibur Fertilizers as Deputy CEO for Strategy and Business Development. From 2012, he served as Executive Vice President and a member of the Management Board in JSFC Sistema. Prior to joining NIS j.s.c. Novi Sad, Kirill Tyurdenev held the positions of the President and Chairman of the Board at United Petrochemical Company, which at that time was part of the JSFC Sistema group, and of Chairman of the Board of Directors of Ufaorgsintez.
In April 2016, Kirill Tyurdenev joined NIS j.s.c. Novi Sad as First Deputy CEO for Refining and Sales.
In December 2016, he was elected member of the Board of Directors, and in March 2017 he was appointed CEO of NIS j.s.c. Novi Sad.