The Management System of the Company is implemented on the basis of the current legislation of the Russian Federation, the Company's Articles of Association, as well as the Corporate Governance Code. The System of the Corporate Governance of IDGC of the North-West, PJSC includes the following management and control bodies:
2. Board of Directors is a management body responsible for generation of the development strategy, control over activities of executive bodies and performance of an objective assessment of the Company's financial condition.
3. Management Board is a collegial executive body designated to solve the most difficult issues relating to management of the Company's current activities.
4. Director General is the sole executive body carrying out the current management of the Company's activities and responsible for the implementation of its strategy worked out by the Board of Directors.
5. Auditing Commission is a body carrying out the regular control over the Company's financial and business activities.
There are Committees operating under the Board of Directors of IDGC of the North-West, PJSC that are created by order of the Board of Directors of the Company for working on certain issues referred to the competence of the Board of Directors or studied by the Board of Directors by way of control over activities of the Executive Body of the Company and for elaborating necessary recommendations for the Board of Directors and Executive Bodies of the Company.