On 2 June 2016 the Supervisory Board of Moscow Exchange named new members to its six committees. Four of the Boards six committees are chaired by independent directors: Strategy Planning Committee, chaired by Rainer Riess, independent director; Audit Committee, chaired by Duncan Paterson, independent director; Nomination and Remuneration Committee, chaired by Rainer Riess, independent director; Budget Committee, chaired by Andrey Golikov; Technical Policy Committee, chaired by Anatoly Karachinsky, independent director; Risk Management Committee, chaired by Yuriy Denisov.