PJSC "Magnit" announces CFO appointment

Magnit PJSC, a leading Russian retailer, has brought on board Elena Milinova as its new chief financial officer (CFO). In this role, she will be responsible for all the sets of issues related to the Company’s financial operations, as well as, new financial strategy development and implementation.

Before joining Magnit, Millinova was the director for economy and finance of Marathon Group. She also held senior leadership roles at Mega Farm.

Commenting on her appointment, Magnit, CEO Khachatur Pombukhch, said: “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.”