Corporate Governance Structure and Principles > Governance and Control Bodies > Management System

The Management System of the Company is implemented on the basis of the current legislation of the Russian Federation, the Company's Articles of Association, as well as the Corporate Governance Code. The System of the Corporate Governance of JSC IDGC of the North-West includes the following management and control bodies:

  1. General Meeting of Shareholders is the supreme management body of the Company.
  2. Board of Directors  is a management body responsible for generation of the development strategy, control over activities of executive bodies and performance of an objective assessment of the Company's financial condition.
  3. Management Board  is a collegial executive body designated to solve the most difficult issues relating to management of the Company's current activities.
  4. Director General  is the sole executive body carrying out the current management of the Company's activities and responsible for the implementation of its strategy worked out by the Board of Directors.
  5. Auditing Commission  is a body carrying out the regular control over the Company's financial and business activities.

The scheme of interaction between management and control bodies