FESCO has appointed Ruslan Alikhanov as President. The effective date is June 06, 2013. Ruslan Alikhanov was appointed as President and CEO of FESCO.

Yury Gilts, who earlier acted as President of FESCO, remains as adviser to the President and will be responsible for strategic development of the Group. Since 2001, before joining FESCO Group, Ruslan Alikhanov was a partner at McKinsey & Co, where he headed the Russian Practice of Strategy and Corporate Finance, as well as Eastern European Practice of Corporate Management.