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Saturday, January 20, 2018

The state Duma approved the renaming of the post of head of Russian Railways


On Friday the state Duma approved in the third final reading the bill which provides for the renaming of the post of the head of Railways from President to CEO.

According to “Interfax”, it is assumed that after the law comes into force will be issued the decree of the government of the Russian Federation on amendments to the Charter of OJSC “Russian Railways”, according to which the sole Executive body of JSC “RZD” will be referred to as “Director General – Chairman of the Board.

The author of the bill previously explained that this is done in order to bring the name of the head of Russian Railways in accordance with national traditions and European rail corporate practice.

source

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