General Director

JSC FPC's day‑to‑day operations are managed by its sole executive body, the General Director.

Decisions on election of the General Director, termination of their powers, determination of the term of their tenure and other terms of employment agreement with the General Director of the Company are made by the Board of Directors.

The General Director is accountable to the shareholders and the Board of Directors and submits quarterly reports to the Board on the Company’s performance results (budget utilisation and contracting, HR and credit policy, social programmes, insurance coverage, implementation of the Board’s resolutions).

The General Director is responsible for timely and consistent budgeting and budget performance at the Company, preparing budget performance reports and organising activities at the Company’s branches.

By resolution of the Board of Directors in October 2020, Vladimir Pyastolov was elected General Director of JSC FPC. By resolution of the Board of Directors in September 2023, Vladimir Pyastolov was re‑elected General Director for a new term.

The General Director has no shares (stakes) in the Company and its controlled organisations, and has not entered into any transactions with securities (stakes) of these companies.

Deputy General Directors

The governance structure of JSC FPC is aligned with core areas of business (functional blocks) and includes 11 Deputy General Directors.

The First Deputy Directors and Deputy Directors in charge of safety, quality, strategic development and digital transformation, human resources and social issues report directly to the General Director.

The following positions have been created in the Company's governance structure to balance top‑level management:

  • First Deputy General Director in charge of the Production Block, who has four subordinate Deputy General Directors in charge of rolling stock, production development, transport organisation, customer service and service quality
  • First Deputy General Director, heading the Economics and Finance Block, to whom the Deputy General Director for Marketing reports.