Sistema Board of Directors to consider appointment of Alexey Kornya as First Vice President of Sistema

5 March 2021, Moscow – Sistema PJSFC (“Sistema”, the “Corporation” or, together with its subsidiaries and affiliates, the “Group”) (LSE: SSA, MOEX: AFKS), a Russian publicly traded investment company, announces that the Corporation’s Nomination, Remuneration and Corporate Governance Committee has today recommended that the Board of Directors of Sistema approve the appointment of Alexey Kornya to the position of First Vice President of the Corporation. The Corporation will announce the decision of the Board of Directors of Sistema in relation to the appointment in due course.

“Under the leadership of Alexey Kornya, MTS has significantly strengthened its leading position in Russia’s telecom market, and has been particularly successful in building out its ecosystem of digital, media and telecom services. I believe that Alexey’s extensive managerial expertise and broad skillset, as well as his deep understanding of market trends, will further strengthen our team at the level of the Corporation. His experience will be very useful in the development and implementation of strategies for Sistema’s portfolio companies in high-growth industries,” said Vladimir Chirakhov, President of Sistema. 

Alexey Kornya biography

  • President and Chairman of the Management Board of PJSC MTS from March 2018 to March 2021.

  • Acting Vice President of PJSC MTS for Finance and Investments from 2008 (on a permanent basis since 2010). Vice President for Finance, Investments, Mergers and Acquisitions from 2016.

  • Joined MTS in 2004 as Finance Director of the Urals regional division. In 2004-2007, served as Director of MTS Group for Business Planning. Appointed Director of MTS Group for Controlling in March 2007.

  • Before joining MTS, worked at Northwest Telecom and PricewaterhouseCoopers Audit.

  • Member of the boards of directors of PJSC MTS Bank, JLLC Mobile TeleSystems (MTS Belarus) and JSC RTC.

  • Born in 1975.

  • Graduated in 1998 from St Petersburg State University of Economics and Finance with honours.


For further information, please visit or contact:

Investor Relations

       Public Relations

Nikolai Minashin

       Sergey Kopytov

Tel.: +7 (495) 730 66 00

       Tel.: +7 (495) 228 15 32


Sistema PJSFC is a Russian publicly traded investment company serving over 150 million customers in the sectors of telecommunications, high technology, banking, retail, e-commerce, timber processing, agriculture, real estate, hospitality and healthcare services. The company was founded in 1993. Its revenue in 2019 reached RUB 656.9bn; its total assets equalled RUB 1.3tn as of 31 December 2019. Sistema’s global depositary receipts are listed under the “SSA” ticker on the London Stock Exchange. Sistema’s ordinary shares are listed under the “AFKS” ticker on the Moscow Exchange. Website:

Sistema announces results of Annual General Meeting of Shareholders and Board of Directors meeting
15 August 2022
Sistema announces results of Extraordinary General Meeting of Shareholders and Board of Directors meeting
11 July 2022
Change in the list of nominees for the new Board of Directors of Sistema
16 June 2022
Sistema announces nominees to Board of Directors
10 June 2022


Selected category
By clicking on the «Subscribe» button, you agree to the personal data processing policy.