Alfa Group Consortium

Alfa Group Consortium, founded in 1989, "is one of Russia's largest privately owned financial-industrial conglomerates with interests in oil, commodities trading, commercial and investment banking, insurance, retail trade, food processing, and telecommunications. The Group typically focuses on value-oriented, longerterm opportunities, primarily in Russia and the CIS, but also invests in other markets which form part of the Group's strategic business objectives."

"Since its establishment in May 1996, CTF Holdings Ltd ("CTF"), the ultimate holding company of the Alfa Group, has effectively served as the Group's corporate centre. The corporate centre's team of professional staff reports directly to the Supervisory Board of Directors through the Director for Corporate Development, Finance & Control."

Supervisory Board of Directors.

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