Annual report 2010

9. Corporate Governance System of JSC IDGC HoldingInvestment CommitteeThe Investment Committee of the Board ofDirectors of JSC IDGC Holding was established byresolution of the Board of Directors of Septem -ber 8, 2010.The goal of the Investment Committee of theBoard of Directors of JSC IDGC Holding is to assistthe Board of Directors in the performance of itsresponsibilities for ensuring the implementationof the Company’s investment policy.The principal objectives of the InvestmentCommittee of the Board of Directors of JSC IDGCHolding include:— analysis of proposals and development of recommendationsto the Board of Directors ofthe Company on the issues of investing activitiesof JSC IDGC Holding;— monitoring of implementation of the consolidatedinvestment program of JSC IDGCHolding;— analysis of proposals and development of recommendationsto the Board of Directors ofthe Company for preparing and amending theinternal organizational documents (standards,regulations, bylaws, formats) on theinvesting activities of the Company;— analysis of valid regulatory documents withregard to investing activities and developmentof recommendations to the Board ofDirectors for implementing the investmentpolicy of the Company.The composition of the Investment Committee ofthe Board of Directors of JSC IDGC Holdingapproved by the resolution of the Board ofDirectors, dated October 22, 2010, as amended bythe Board of Directors on December 28, 2010, is asfollows:The Chairman of the Committee is VladimirVitalyevich Tatsiy (First Vice President, JSCGazprom bank).Members of the Committee:— Denis Nikolayevich Bashuk (ProductionDirector, OOO Gazprom Energokholding);— Alexei Vladimirovich Demidov (DeputyDirector General for Economic Affairs andFinance, JSC IDGC Holding);— Valery Alexandrovich Ovseichuk (Chief Expert,ZAO SKAF);— Alexei Vladimirovich Zavartsev (Head of theInternal Audit Division, JSC OGK-6, Head ofthe Internal Control Division, JSC OGK-2);— Gheorgy Petrovich Kutovoi (Advisor toPresident on Energy Issues, ZAO OMK);— Alexei Alexandrovich Lebedev (DirectorGeneral, OOO Pokrovka Finance);— Alexei Valerievich Sannikov (Deputy DirectorGeneral of JSC IDGC Holding);— Ivan Anatolievich Selivakhin (Chief Accoun -tant, JSC Integrated Power Sales Company);— Nikita Vasilievich Skibitsky (Vice-Rector forAcademic Affairs, State Educational Enter -prise of Higher Professional EducationMoscow Power Engineering Institute (Tech -nical University));— Alexander Pavlovich Terekhov (acting Direc -tor General, FGUP Energokomplekt Firm);— Vasily Nikolayevich Titov (First DeputyPresident and Deputy Chairman of theManage ment Board, VTB Bank);— Igor Vladimirovich Khvalin (Director General,ZAO Volga Engineering Group);— Vasily Vladislavovich Nikonov (Director,Department for Electricity Industry Develop -ment, Ministry of Energy of the RussianFederation);— Maria Gennadievna Tikhonova (Director, Depar -tment for Economic Regulation and PropertyRelations in the Fuel and Energy Sector,Ministry of Energy of the Russian Federation);— Nikolai Grigorievich Shulghinov (firstDeputy Chairman of the Management Board,SO UPS, JSC);— Maxim Borisovich Yegorov (Head of theDivision for Regulation and Control of Pricingin the Electricity Industry, Federal TariffService of the Russian Federation);61