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Vitaly Savelyev

Chairman of the Board – Non-Executive Director

2007: First Vice-President of Sistema, Head of Telecommunications Asset Management Division
2004-2007: Deputy Minister of Economic Development and Trade in the Russian Federation
2002-2004: Vice-President of Gros and an advisor to the General Director of Svyazinvest for Finance and IT technologies
Previous Board positions include appointment as Deputy Chairman of Gazprom in 2001, Chairman of Menatep SPB Bank in 1995, and Chairman of Rossiya Bank in 1993-1995
Founder and head of the Leningrad branch of Soviet-American company “Dialog” – a company distributing computer equipment and software
Educated at the mechanical engineering faculty of the Polytechnic Institute in Leningrad, second degree from the University of Engineering and Economics

Deputy Chairman of the Board – Non-Executive Director

2002 (September): Appointed Director and First Vice-President of Sistema and Chief of the Property Complex. Holder of a number of senior corporate positions, including Chairman of the Boards of Detsky Mir, Reestr and Detsky Mir Centre
Also serves on the Boards of Sistema Telecom, MGTS, Sistema-Invest and Sistema Hals
2002 (May): Appointed Acting Vice-President and Head of the Department of Corporate Property
1998-2002: Served as Vice-President, Acting President and First Vice-President of Sistema-Invest
1995-1998: Manager of the Department of Development and Investments
1995: Joined Sistema Group
1994-1995: Head of the Administration of Financial Innovations and Marketing with the City of Moscow’s Property Fund
Graduated from the Ordzhonikidze State Academy of Management in Economics

Non-Executive Director

2007 (June): Served as the Chairman of MTS’ Board of Directors until February 2008
2003 (June): Elected to MTS’ Board of Directors
2002 (September): Senior Vice-President of Sistema heading the Company’s financial and investment group
1998-2002: Served as Vice-President of MTS
1995: Appointed Head of Department of Sistema-Invest and then Vice-President of Sistema-Invest
1994-1995: Worked in property management at Sistema
1992: Graduated from the Moscow Physical-Technical Institute (MFTI) with a Degree in Applied Physics and Mathematics

Non-Executive Director

2007 (August): Advisor to the President of MTS and member of the Board of Directors since June 2007
2002: Joined MTS as Vice-President of Corporate Development and Strategy
1999: Director of the Investments department at Sistema Telecom
Graduated from the Finance Academy of the Government of the Russian Federation

Non-Executive Independent Director

Currently Vice-Chairman and former CEO and Chairman of the Board of Roamware Inc., a services provider for wireless operators, and member of the Boards of Keynote Systems, Safeway, Sirf Technology and Union Bank of California
2003-2005: Senior Advisor to the Chairman and CEO at AT&T Wireless with responsibilities for strategy, business development and operations
2000-2003: President and CEO of AT&T Wireless Mobility Services
1999: Head of Strategy and Corporate Development and member of the Board of Directors of Vodafone AirTouch Plc
Almost 30 years of experience in the telecommunications and wireless industry
Graduated with a B.A. in Business Administration and holds an MBA in Finance from San Francisco State University

Non-Executive Director, President & Chief Executive Officer (CEO) of Sistema

2008 (May): Became President & CEO of Sistema
2008: Joined the Board of the GSM Association, the global trade association for the mobile industry as President & CEO of MTS
2007: Selected as one of the 250 ‘Young Global Leaders’ by the World Economic Forum
2006 (June): Elected President and CEO of Mobile TeleSystems OJSC (MTS) and member of the Board of Directors of MTS
2004-2006: Served as Chairman of the Expert Council on Insurance Legislation, Russian State Duma Committee on Credit Organizations and Financial Markets
2004: Named as ‘Person of the Year’ in the annual ‘People of the Year’ project by the internet holding company Rambler
1991-2006: Worked at ROSNO and served as the Director General and Chairman of the Management Board since 2003
Graduated from the Sechenov Moscow Medical Academy with a PhD in Medicine

Non-Executive Independent Director

2003: Global Chief Operating Officer at Ernst & Young
1994-2003: Global Executive Partner (Ernst & Young)
1985-1994: National Director Human Resources (Ernst & Young)
1977-1985: Associate and General Counsel (Ernst & Young)
30 years of managerial experience
Current Chairman of the Audit Committee of United Services Organization, a member of the Board of TransAtlantic Business Dialogue, and Co-Chairman of the Ukrainian Foreign Investment Advisory Council
Holds a Law Degree and B.S. in Mathematics and Philosophy from Fordham University