Appointment of Non Executive

RNS Number : 3335B

Aurora Russia Limited

14 August 2008

 



14 August 2008

Appointment of Non Executive Director

Aurora Russia Limited ('Aurora' or the 'Company'), the AIM-quoted investment vehicle established to make equity or equity-related investments in small and mid-sized private companies in Russia, is pleased to announce the appointment of Dan Collinson Koch (age 62) as a Non Executive Director of the Company with effect from 14 August 2008.

Dan is currently the Chairman of Deloitte & Touche CIS ('Deloitte' or the 'Firm') having held positions as CEO and Managing Partner of the CIS Firm. Dan has been resident in Russia for the past ten years. He has more than thirty years of public accounting and international executive experience. Under his leadership Deloitte has enjoyed a compound annual growth rate in revenues of 62 per cent. Over the last six years and during his tenure as CEO, the Firm's staff numbers grew from 150 to approaching 4000. 

Dan has had overall responsibility for major clients of the firm including Norilsk Nickel, AFK Sistema and MTS.

Commenting on the appointment, Sir Trevor Chinn, Chairman of Aurora Russia Limited said: 

'We are delighted to welcome Dan onto the Board of Aurora as a Non Executive Director. Dan's wealth of experience will assist with Aurora's continued development as the Company moves into its next phase now being effectively fully invested.'

Additional details are set out below:

Dan's previous directorships over the past 5 years are as follows:

• Deloitte & Touche CIS Limited (Cyprus) 

• Deloitte & Touche Regional Consulting Services Limited (Cyprus) 

• Moscow Branch of Deloitte & Touche Regional Consulting Services Limited 

• Deloitte & Touche Regional Professional Services Limited (Cyprus) 

• Deloitte Technology CIS Limited (Cyprus) 

• Deloitte & Touche CCS Limited (UK) 

• ZAO Deloitte & Touche CIS (RF) 

• Deloitte Charity Foundation for support of humanitarian programs and social initiatives (non-commercial organisation) (RF) 

Save for the information disclosed above there is no other information to be disclosed under schedule two, paragraph (g), of the AIM Rules.

Enquiries:

Aurora Russia Limited,

James Cook, Moscow            [phone]

John McRoberts                     [phone]

Investec Investment Banking,

Paul Gray                             [phone]

Patrick Robb                         [phone]

Financial Dynamics,

Ed Gascoigne-Pees               [phone]

Felicity Murdoch                    [phone]

 

END

 

 

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