Sovcombank has announced the appointment of two new independent non-executive directors, Regina von Fleming and Joel Lautier.

Von Fleming has 25 years of experience working in Central and Eastern Europe.

Previously, she worked at Axel Springer Russia as CEO for 10 years, where she led the media group’s transition from print to digital. She also has experience in senior and advisory positions at companies including, Hürriyet Group, Delta Capital and Krone AG.

Additionally, von Flemming has executive and supervisory board experience. She currently serves on the board of directors of NYSE- and MOEX-listed MTS, as well as on the board of directors of Chelpipe Group.

Lautier has 15 years of experience in M&A, Strategy, Private Equity and Venture Capital. He is the founder and CEO of Russian investment bank RGG Capital, and is currently serving on the board of directors of MOEX-listed Yevropeyskaya Elektrotechnika (Electrical Equipment).

Previously, Lautier served on the board of chemicals group Sintez-OKA, and was chairman of the board of Russian Magnesium.

Sovcombank first deputy chairman Sergey Khotimskiy said: “I am delighted to welcome Regina and Joel to the Sovcombank Board of Directors, and I have no doubt that their considerable experience and expertise will be of great value to us as we continue to grow.

“As a bank, we have always recognised the importance of having best-in-class corporate governance. The addition of Regina and Joel as Independent Directors is another important step as we take our governance to a new level.”