PJSC "Magnit" announces CFO appointment

Magnit PJSC, a leading Russian retailer, has appointed Elena Milinova as its new chief financial officer (CFO). In this role, she will oversee all financial operations, as well as develop and implement the company’s new financial strategy.

About the Role

Elena Milinova will be responsible for the full spectrum of financial operations and the development and execution of Magnit’s financial strategy.

Background

Prior to joining Magnit, Milinova served as the director for economy and finance at Marathon Group. She has also held senior leadership positions at Mega Farm.

Leadership Commentary

Magnit CEO Khachatur Pombukhch remarked on her appointment: “Elena Milinova has great financial experience, is highly professional, and, most importantly, she is very familiar with retail. I am confident that her deep knowledge and personal skills will enhance the efficient implementation of our strategic plans. We are delighted that such a strong manager is joining our team.”