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ROSNO, June 20, 2006

Open Joint Stock Company ROSNO
Maxim Chernin was appointed Director of ROSNO Center for regional administration

According to Order of ROSNO Director General, Maxim Chernin was appointed Director of ROSNO Center for regional administration. Before, M. Chernin was Deputy Director General of this Center.

ROSNO Center for regional administration is a structural subdivision with organizational and control functions over network, consisting of 100 branches combined by territory to 10 directorates and 203 agencies in all Russian regions. ROSNO regional strategy aims to achieve leadership in priority regions; maintain profitability of company’s regional portfolio; create the most technological distribution network in Russia, which will employ all modern sales channels; and strengthening high quality services to clients regardless their location.

At the new post, M. Chernin will coordinate activities of the Center, regional directorates and branches (except Moscow and Moscow region).

Nina Galanicheva served at this post, mixing it with Deputy Director General position up to January 2006. Then Marina Aivazova, Deputy Director General, and Dmitriy Popov, Deputy Director General and member of Board coordinated Center’s activities. M. Aivazova and D. Popov will continue to coordinate company’s regional development objectives.

M. Chernin was born on August 3, 1979. He possesses Master of Strategic Management of State University – High School of Economics (magna cum laude). M. Chernin was awarded Red Diploma – 100 of the best graduates from Economic Universities in Russia in 2002 (version of Kommersant publishing house). Possesses Business English Certificate – BEC. Since 2001 works in ROSNO, started his career in Marketing department, prior to position in Center, was Deputy Director General for regional administration, where he coordinated sales channels’ development matters. Underwent regular training in Allianz AG in technologies of sales channels’ development and management of portfolio profitability. Hobbies – sports, reading.

OJSC ROSNO was established in 1991. JSFC Sistema owns 49.2% of the company’s shares, and Allianz AG owns 47.4%. Company is a universal operator offering over 100 insurance products. ROSNO has subsidiaries in Russia (ROSNO-Center Reinsurance Company, IC ROSNO-MS, IC Alliance ROSNO Life, and Alliance ROSNO Asset Management,) and Ukraine (IC ROSNO Ukraine). Authorized capital amounts to Rub 1.184 bln. Equity – Rub 4.121 bln, insurance reserves – Rub 11.421 bln (March 31, 2006). Regional ROSNO network includes 100 branches in all Russian regions (combined by territory to 10 directorates) and 203 agencies. Over 7 mln people and more than 50,000 enterprises have ROSNO policies and contracts.


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