X5 has appointed Elena Milinova as its new Chief Financial Officer (CFO), effective 15 October 2014, succeeding Sergey Piven.
• Milinova started her professional career with PricewaterhouseCoopers in Russia.
• She held the positions of CFO of the Russian oil and gas company Geotransgaz as well as Head of Reporting and Investor Relations with Sollers ST, a Russian automotive manufacturing company.
• From 2009 to 2011 and 2007 to 2009, respectively, Milinova served as Government Relations Director and Corporate Finance Director for Kamaz,a Russian public automotive manufacturing company.
• Milinova served as CFO, Deputy CEO and Management Board Member for Kamaz, from 2011 to 2014.