Annual report 2010

8. THE FOLLOWING PERSONS WERE HEARD:I. A. Alimuradova and S. RemesAgreement upon the Report of the Director General of JSC IDGC Holdingto t he Board of Directors on the implementation of approved local documentsrelated to the improvement and development of internal control, risk managementand internal audit at JSC IDGC Holding.It was resolved as follows:8.1. Note s hall be t aken of t he Repo rt of t he Director G eneral of JS CIDGC Holding to the Board of Directors on the implementation of approved localdocuments re lated t o t he i mprovement a nd de velopment of i nternal c ontrol, ri skmanagement and internal audit at JSC IDGC Holding.8.2. The work d one at J SC IDGC H olding t o implement approved l ocaldocuments re lated t o t he i mprovement a nd de velopment of i nternal c ontrol, ri skmanagement and internal audit in the Company shall be deemed effective.8.3. It shall be recommended to the Board of Directors of JSC IDGCHolding to approve the Report of the Director General of JSC I DGC Holding onthe implementation of a pproved local documents related to the improvement anddevelopment of internal control, risk management and internal audit at JSC IDGCHolding.Approved unanimously.9. THE FOLLOWING PERSONS WERE HEARD:Ya. B. Yakubovich, I. A. Alimuradova, V. A. Gulyaev, and S. RemesInvolvement o f e xternal c onsultants for t raining of m embers of t heWorking G roup fo r the Im plementation of t he I ntegrated R isk Management andInternal Control System and provision of consultancy support when implementingthe integrated risk management and internal control system and making an internalaudit of pilot projects.It was resolved as follows:9.1. Note shall be taken of the i nformation about i nvolvement o fPricewaterhouseCoopers for provision of consultancy support when developing theModel Regulations for the Business Process “Electricity Billing Metering and Saleof Electricity Transmission Services” and forming proposals and revising the RiskManagement Guidelines.9.2. The pro posal of t he Int ernal A udit and R isk ManagementDepartment of JSC ID GC H olding t o de velop a nd i mplement t he c ompetencemodel in the internal audit and risk management divisions of JSC IDGC Holdingand its subsidiaries and dependent companies shall be approved.9.3. The Head of t he Internal Audit and Risk Management Departmentof JSC IDGC Holding shall be instructed to develop and submit for consideration5