Download PDF version

FESCO Transportation Group announces the appointment of Maxim Sakharov as the Group’s President effective March 6, 2020.

Maxim Sakharov, previously Vice President for Finance, will replace Aleksandrs Isurins who is stepping down as the Group’s President on the same date.

Authority comment

On behalf of the Board of Directors, I want to thank Aleksandrs Isurins. During the time he served as the President, he implemented a number of strategic projects, restructured public debt, the Group’s operational and financial key performance indicators increased under his guidance.

We wish Aleksandrs continuing success and welcome Maхim Sakharov. We are sure that his knowledge of business and corporate culture, as well as his commitment to the Group’s business activities will contribute to the Company’s further successful development”, - said Leyla Mammed Zade, chairman of FESCO's Board of Directors.

Serving FESCO since 2005

Maхim Sakharov started as an economist and eventually became a director of the planning and reporting

Maхim Sakharov has been working in FESCO since 2005. He started as an economist and eventually became a director of the planning and reporting department and a director for operational effectiveness and business analysis. In 2016 he was appointed Vice-president for finance.

From 2013 he has been a member of boards of directors of several companies of the Group in Russia and abroad.

Mr. Sakharov graduated from the Far Eastern Federal University with a degree in global economy and from the Higher School of International Business at the Russian Presidential Academy of National Economy and Public Administration.

The new vice-president for finance

Leonid Zvyagintsev, who was the head of the corporate financing department, has been appointed Vice-President for finance. Leonid has been working in FESCO since 2007.

Download PDF version Download PDF version
  • Related companies
  • FESCO
  • View all news from
  • FESCO

In case you missed it

Cummins showcases marine technology solutions at International Workboat Show 2024
Cummins showcases marine technology solutions at International Workboat Show 2024

Cummins Inc., a global pioneer in power solutions, will exhibit its latest marine technologies at the International Workboat Show 2024, in New Orleans, from November 12-14, 2024.&n...

LEO networks revolutionise maritime connectivity
LEO networks revolutionise maritime connectivity

Maritime communications came a long way before they could deliver the first Global Maritime Distress and Safety System (GMDSS). Still, it is fair to say that their forward march ha...

E-methane offers environmental, compliance, and performance advantages
E-methane offers environmental, compliance, and performance advantages

As the maritime industry accelerates its journey toward decarbonisation, the focus on alternative fuels has intensified. E-methane E-methane, a synthetic gas produced using renew...

vfd