Gareth Penny, Chairman of the Board of Directors of PJSC MMC Norilsk Nickel won the 10th National Award Director of the Year. The award was granted in the nomination “Chairman of the Board of Directors: Contribution to the development of corporate governance.” The award ceremony took place in Moscow during the 5th Corporate Governance Forum “Looking into the future in an era of global changes.” The organizers and partners of the forum included Independent Directors Association (IDA), Russian Union of Industrialists and Entrepreneurs (RSPP), PWC consulting, Moscow Exchange and Sberbank.
Presenting the award, Bella Zlatkis, Deputy Chairman of Sberbank noted that Gareth Penny has created a wonderful practice in the largest Russian public company. “He established an open systemic and professional interaction of the Board of Directors with the management, shareholders and key stakeholders, she said. He initiated the adoption of the fundamental policies and programs by the Board of Directors. He organized the work of the Board of Directors in accordance with the most advanced international standards. Norilsk Nickel has a well-adjusted and balanced system of corporate governance. ”
According to Gareth Penny, the award Director of the Year is his first award in Russia. “I am honored to receive it. I am very pleased, but first of all I am glad for the company. It is not my personal award, this award belongs to the entire Board of Directors, officers, managers and all employees of Norilsk Nickel. This award recognizes achievements in the field of corporate governance, requiring efforts of the entire company,” emphasized Gareth Penny.
Chairman of the Board of Directors of Norilsk Nickel also took part in a panel session of the forum Improving the efficiency of management and the investment attractiveness of the Russian companies and made a presentation on efficiency of the Board of Directors.
Andrey Bougrov, vice-president of PJSC MMC Norilsk Nickel, Deputy Chairman of the Board of Directors took part in the forum and the award ceremony of the National Award Director of the Year. As a permanent member of the forum and award winner in 2013 in the nomination Independent Director, Andrey Bougrov commented the award ceremony: “This award is addressed to the entire Norilsk Nickel. It is especially pleasing to receive it in the year of the 80th anniversary of the company, when we are happy to tell investors and the general public about our numerous achievements. However, I deem it necessary to mention personal merits of Gareth Penny. He has been working as a Chairman of the Board of Directors of Norilsk Nickel for three years. During that time, he introduced a number of interesting ideas and processes. He gave the power and importance to committees of the Board of Directors. And in this sense, this award is personally deserved the same way as all the other awards Norilsk Nickel received this year”. National Award Director of the Year is one of the most prestigious awards in the business life of the Russian Federation. It is symbolic that its 10th anniversary was marked with the award to the Chairman of the Board of Directors of Norilsk Nickel.
Dmitry Pristanskov, Director of Federal and Regional Programs of MMC Norilsk Nickel, also received the award Director of the Year. He was awarded in the category Professional Director of the state company as Chairman of the Board of Directors of OJSC ROSKINO with 100% of the shares belonging to the Russian Federation. As a professional director, Dmitry Pristanskov represents interests of the Russian Federation on the Board of Directors of OJSC ROSKINO.
National Award Director of the Year has been held since 2006 and is designed to celebrate personal contribution of Directors to the development of the system of corporate governance, and to promote advanced practices of the boards of directors of Russian companies. The Expert Award Council includes representatives of regulatory agencies, business and investment community, as well as the award winners of previous years.