Sistema PJSFC announced that its Board of Directors at a meeting held on 7 September 2018 approved changes to the composition of the Management Board. New members of the Management Board of Sistema: Andrey Pilipenko, from 2015 to 2018, he served as Vice President for Security at Segezha Group, a Sistema Group company; and Maxim Yanpolsky, before joining Sistema, Maxim Yanpolsky worked as Vice President for Financial Technology at MTS. He previously held executive positions at Bank Otkritie, Third Rome Investment Company and Renaissance Investment Management. The board announced that Artyom Zasursky will be Vice President, Strategy and Joshua Tulgan will be Vice President, External Relations.