

Mr. Maltsev has served as an Executive member of the Board of Directors and has been the Chief Executive Officer of the Group since March 2008. Mr. Maltsev has more than 24 years of management experience, most of which has been acquired in the railway industry. He has a Railway Engineering degree.
Prior to joining the Group in 2008, Mr. Maltsev worked for Petra CJSC from 1993 until 1997 as head of the transportations department, then took up the same position at PromSnab LLC from 1997 until 1999. In addition, Mr. Maltsev has also held the position of counsellor to the Director-General of the New Forwarding Company, since 2007. Mr. Maltsev served as counsellor to the Director-General of MMK-Trans LLC, from 1999 until 2007.