JSC ROSSETI announced the appointment of Yuri Zaitsev as Director General of IDGC of North Caucasus, a subsidiary of the company, for a 3-year term. The appointment becomes effective August 29, 2014, following the meeting of the Board of Directors of IDGC of North Caucasus held on 28 August 2014. Mr. Zaitsev succeeded Sergey Arkhipov, who had served as Acting Director General of IDGC of North Caucasus since 15 February 2014.

Mr. Zaitsev has been First Deputy Director General of IDGC of North Caucasus since May 2014. Prior to this he served as Advisor to Director General of IDGC of North Caucasus.