Business
Appointment of Chairman
Appointment of Chairman.
About this update from Tmt Investments Plc
[{"type":"text","content":"\n \nRNS Number : 9544H TMT Investments PLC 06 June 2011 \n \n\nTMT INVESTMENTS PLC\n \n(\"TMT\" or the \"Company\")\n \nAppointment of Chairman \n \n \nThe Board of TMT is pleased to announce the appointment of Yuri Mostovoy as Chairman of the Board with immediate effect. \nYuri Mostovoy, aged 67, has a broad range of experience in investment banking and commerce.\nHe is currently a director of OJSC Armada, a leading independent software development and IT service provider in Russia. He is the owner of Interval LLC, a company that develops advanced investment portfolio management systems, and Buballo LLC (http://bubbalon.com/about). Also he is a Member of the Advisory Board of Global Advertising Strategies, Inc.\nIn the past, Mr. Mostovoy was a founding shareholder and director of Supercompilers LLC (http://www.supercompilers.com/), the company engaged in the development of new technology, which increases the speed of Java-programs.\nAt different points in his career, he was employed as Head of Development in the Fixed Income Quantitative Research Department at Lehman Brothers, Global Head of Quantitative Fixed Income Research at Barclays Capital, and Vice President of Citibank (New York). Mr. Mostovoy was also involved in a number of successful capital raises for companies in Russia. \nIn April 2010 Mr Mostovoy started Optoguide Inc, a Delaware medical device start up company, aiming to bid for a license from Harvard University. The company was dissolved in November 2010 after losing the bid. \nIn addition, he was on the board of directors of Gallery Media Group Ltd, an outdoor advertising operator in Russia, and from 2002 to 2005 was a member of RBC Media's board of directors where he worked with Alexander Morgulchik and German Kaplun, who currently act as consultants to TMT. \nYuri completed his Ph.D. at the Moscow Aviation Institute in 1972 and has a M.Sc. in Electrical Engineering from that same institution.\n \nYuri is primarily based in the USA and Italy. \nCurrent and Past Directorships include:\n\n\n\n\nCurrent Directorships\n\n\nPast Directorships\n\n\n\n\n47 Priory Road Limited\n\n\n109 Valley Road Associates LLC\n\n\n\n\nBuballo LLC\n\n\nAnna Rossa Design Limited\n\n\n\n\nInterval LLC\n\n\nArt Technology Group Limited \n\n\n\n\nOJSC Armada\n\n\nGallery Media Gro...