ALLIANCE OIL COMPANY LTD. announces key corporate decisions made under the direct oversight of the President of JSC “Independent Petroleum Company” – the corporate center of the IPC Group. Such measures are aimed at establishing a regular dialogue with the international investment community, increasing the Company’s transparency and ensuring a systematic approach to the collection, analysis and presentation of information on the Company’s operational and financial performance.
The establishment of a Corporate Finance and Investor Relations Division and the appointment of Alexei Dubinkin as its head. Alexei Dubinkin is a seasoned financier with more than 15 years’ experience in corporate finance, including in UniCredit Bank and ABN AMRO. For the past 6 years Alexei has held different positions within the Company where he supervised financial activities and interacted with the Company’s stakeholders.
The appointment of Leonid Bidny, Advisor to the President, as the corporate officer responsible for interaction with the investment banking community. Leonid Bidny has more than 15 years’ experience in investment subdivisions of OJSC “Lukoil”, OJSC “Gazprom” and “Renova” Group of Companies. For the past two years, Mr. Bidny’s activities have been closely linked to the IPC Group of Companies.
The appointment of Dmitry Zhdanovich as Assistant to the President of CJSC “IPC” responsible for investor relations. Dmitry Zhdanovich has more than 15 years’ experience as head of investor relations in OJSC “Surgutneftegas”, OJSC “Gazprom”, and OJSC “Sberbank.”
The Company’s management believes that this highly professional team will succeed in developing the Company’s investor relations in accordance with the highest international standards.