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Oct 20, 2015

President of Russian Railways Oleg Belozerov presents awards "For the Development of OJSC Russian Railways"

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During a briefing session at the Company's central office, the President of Russian Railways Oleg Belozerov informed employees about staffing changes and presented awards and badges "For the Development of OJSC Russian Railways.

In accordance with a decision of the Board of Directors of Russian Railways, Vadim Morozov was relieved of his duties as First Vice-President of the Company. The powers of board members Valery Reshetnikov, Senior Vice-President, Oleg Atkov, Vice-President, and Galina Kraft, Chief Accountant, were terminated.

For his conscientious long-term work on railway transport and his major contribution to the development and sustainable operations of Russian Railways, Vadim Morozov was awarded a badge "For the Development of OJSC Russian Railways - First Class. Morozov was appointed Senior Advisor to the President of Russian Railways and a Member of the Board.

"Life moves forward, everything changes. But there are eternal values which I respect, in particular, the service sector and that of following one's chosen path. The railways are famous for their traditions, and these traditions should be maintained. I asked Vadim to take up a position which is today very important to the Company and me in order to convey at least some of that invaluable experience which he has gained in the tasks on which we all need to focus together," said Oleg Belozerov.

Vadim Morozov thanked the President for his trust and support.

"I am very grateful to everyone who accompanied me during my years of service at Russian Railways. The success of Russian Railways today is based on the fact that we do not stay on the spot, but are always striving for something new - a new approach, new technologies and new technical and technological progress and to apply best practice in our management system. But our labour teams are an equally important pillar of our success. I would like to wish everyone continued success in strengthening both our Company and the entire rail transport sector and in ensuring their sustainability, as well as in achieving the high strategic goals set before us. I hope that I will be able to serve the railways usefully in the future," said Vadim Morozov.

For conscientious work on railway transport and a major contribution to the development and sustainable operations of Russian Railways, Oleg Belozerov awarded Valery Reshetnikov the badge "For Services to the Development of Russian Railways, Second Class." In accordance with a decree issued by Belozerov, Valery Reshetnikov will become an Adviser to the Company President.

In connection with her retirement, the powers of board member Galina Kraft have been terminated. She was awarded the badge For the Development of OJSC Russian Railways - First Class.

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