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Board Committees

There are currently four Committees of the Board of Directors in the Company which study issues within the competence of, or related to the Board of Directors.

       HR and Remuneration Committee

 

Responsibilities

×                 Preliminary consideration of issues related to election and early termination of office of the Director General of the Company, as well as offices of the Company’s Executive Board members;

×                 Preliminary consideration of size of remunerations and compensations to the Executive Board members;

×                 Preliminary consideration of terms of agreements concluded with the Director General and the Executive Board members;

×                 Recommendations to the General Shareholders’ Meeting and the Board of Directors on considering delegation of authority of the sole executive body to the managing organization.

 

 

1

Dominique Fache, Chairman

Country Manager of ENEL S.p.A. in Russia and CIS

2

Luigi Ferraris

Chief Financial Officer of Enel S.p.A.

3

Dmitry Akhanov

Independent director

 

 

 

Audit Committee

 

Responsibilities

×                 Preliminary study of the annual report and annual financial statement of the Company;

×                 Preliminary selection of an auditor for the company;

×                 Setting remuneration for the auditor’s services and consideration of the auditor’s report.

 

 

 

1

Gerald Rohan, Chairman

CEO of RGC, International Business Consultant

2

Marco Piero Arcelli

Executive Vice-President, Upstream Gas, Enel S.p.A.

3

Francesca Gostinelli

Head of Business Development, International Division of Enel S.p.A.

 

 

 

Reliability Committee

 

Responsibilities

×                 Production analysis in the part related to the Company’s readiness for the heat deficit (‘autumn/winter’) period;

×                 Analysis of operation of the system for labor safety and production safety management, as well as operation of the maintenance services;

×                 Assessment of technical conditions, degree of use and state of repair of the power production equipment;

×                 Assessment of the activities of the Company’s technical services and their management.

 

 

 

 

 

Committee for Strategy, Development, Business Planning and Corporate Governance

 

Responsibilities

×                 Setting priority directions for the Company’s activities;

×                 Recommendations to the General Shareholders’ Meeting and the Board of Directors to consider:

-          Reorganization of the Company,

-          Increase of the Company’s share capital,

-          Split-up and consolidation of the Company’s shares,

-          Placement of convertible bonds and other convertible securities,

-          Approval of the annual financial statement, including the annual income statement, as well as allocation of profit including dividends,

-          Payment of dividends on the basis of the Company’s performance after the first quarter, first half and nine months of the fiscal year,

-          Participation in holding companies, financial industrial groups, associations, or other unions of commercial organizations,

-          Placement of bonds or other securities by the Company.

 

 

 

 

 

 

 

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