VTB appoints former Rostelecom chief as head of Tele2 Russia.
Earlier, Alexander Provotorov was dismissed from his position as CEO of Russia’s biggest landline operator.
The RUR 200 million golden parachute he got prompted the government to draft a law to limit the extra payments in state-run corporations.
Tele2 sold its Russia unit to VTB Group in late March despite more favourable deals offered by other competitors, for example, Alfa Group.
Sources: http://www.vtb.com
Author: Mikhail Vesely