Integra Group INTE Elena Kim joins Integra's BoD

  Integra Group (INTE) - Elena Kim joins Integra's BoD

RNS Number : 0827R
Integra Group
14 November 2012
 



 

                 Elena Kim joins Integra's Board of Directors

 

MOSCOW, November 14,  2012 - Integra  Group (LSE: INTE)  announces that  Elena 
Kim, Integra's  Chief Financial  Officer, has  been elected  a member  of  the 
Group's Board of  Directors effective  from 13  November. She  has filled  the 
vacancy created by the resignation of Mr. Kennedy effective yesterday.  

 

The Board's appointment of Mrs. Kim to the Board of Directors will be  subject 
to re-election at  the shareholders' meeting  in 2014 when  Mr. Kennedy  would 
have been re-elected.

 

Mrs. Kim  has  been  Integra's  Chief  Financial  Officer  since  April  2012. 
 Previously she was Integra's Vice President for Reporting and Taxation  since 
2006. Prior to joining Integra, Mrs. Kim worked for TNK-BP where she held  the 
position of Audit Manager of the Corporate Audit Department.

 

Commenting on Mrs.  Kim's election  and Mr.  Kennedy's resignation,  Integra's 
Board Chairman John Fitzgibbons said:

 

"We are pleased to  welcome Elena to the  Board.  Her extensive experience  at 
Integra in  various executive  roles  will make  her  a valuable  addition  to 
Integra's board  of  directors.  We  are grateful  to  John  Kennedy  for  his 
contribution to  the Board  since 2005  and  wish him  success in  his  future 
endeavors."

 

 

 

Note to editors

 

Biography of Elena Kim:

Elena Kim, 35, was appointed Integra's Chief Financial Officer in April  2012. 
Previously she held a position of Vice President for Reporting and Taxation at
Integra since 2006. Before  joining Integra, from 2005  to 2006, Elena was  an 
Audit Manager of the Corporate Audit Department at TNK-BP. Between  2001-2005, 
she held a senior position in the International Accounting Department at RUSAL
Group. Mrs. Kim began her professional career at Arthur Anderson in 1998.

Elena Kim graduated from The Plekhanov Russian Academy of Economics in  Moscow 
with a MSc degree (Honors) in Finance and holds a Degree of Master of Business
Administration (Honors)  from  The  University  of  Chicago  Booth  School  of 
Business. She successfully passed ACCA exam in 2004.

 

 

About Integra Group:

Integra Group  is a  diversified  oilfield services  provider  and is  also  a 
manufacturer of specialized equipment used in the exploration, development and
production of oil and gas. Integra operates in all major oil and gas producing
regions in Russia  and in many  other CIS countries,  where its customer  base 
includes major  domestic  and  international  oil  and  gas  companies.  Since 
establishment in 2004, Integra Group  has, through 18 strategic  acquisitions, 
become one of  the leading companies  in the oilfield  services and  equipment 
manufacturing sectors of the Russian and CIS market. Integra Group owns a  36% 
stake in  IGSS -  a land  seismic operator,  with a  leading position  in  the 
Russian and CIS  markets. Integra  Group employs nearly  10,000 people.  Since 
February 27, 2007 Integra Group has been  traded on the London Stock  Exchange 
(symbol: INTE). 

 

                                       

                                     ***

 

 

Contacts

 

Integra Group
                                             Tel. +7 495 933 0621
Andrey Machanskis Head of Investor Relations
                                             amachanskis@integra.ru

                                       

                                    - END-

                                       

Forward looking statements: Some of the information in this press release  may 
contain projections  or  other  forward-looking  statements  regarding  future 
events or the future financial performance of Integra Group. You can  identify 
forward-looking statements by terms such as "expect", "believe", "anticipate",
"estimate", "intend", "will", "could",  "may" or "might",  or the negative  of 
such terms or other similar expressions. These statements are only predictions
and actual events  or results may  differ materially. Integra  Group does  not 
intend to or undertake  any obligation to update  these statements to  reflect 
events and circumstances  occurring after the  date hereof or  to reflect  the 
occurrence of  unanticipated  events.  Many factors  could  cause  the  actual 
results  to  differ  materially  from  those  contained  in  Integra   Group's 
projections or forward-looking  statements, including,  among others,  general 
economic and market conditions, Integra Group's competitive environment, risks
associated with operating  in Russia, rapid  technological and market  change, 
and other factors specifically related to Integra Group and its operations.

 

                     This information is provided by RNS
           The company news service from the London Stock Exchange
 
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BOABKQDKFBDKADD -0- Nov/14/2012 08:09 GMT