The head of «Yandex» in Russia will become Finance Director of the company Abovsky

© RIA Novosti / Valery Melnikova in fotomontaggi Yandex. Archival photoThe head of «Yandex» in Russia will become Finance Director of the company Abovsky© RIA Novosti / Valery Melnikovite the image Bank

The head of «Yandex» in Russia Alexander Shulgin left the company, from 1 December it will be replaced by Finance Director Greg Abovsky, said in a statement.

«Greg Abovsky will be the operational Director of the company «Yandex» on December 1, 2017. He will replace Alexander Shulgin, who decided to leave the company. Abovsky will combine a new post with the current duties of the financial Director», — stated in the message. To lead a group of companies «Yandex» will continue Arkady Volozh.

Shulgin worked in «Yandex» since 2010, first as financial Director and chief financial September 1 2014 — General Director of «Yandex» in Russia.

«I am very grateful to Sasha Shulgin for what at the time he took the operational management of «Yandex». This is a very difficult task with which he coped brilliantly. He transformed the company, creating conditions for the emergence and growth of new business areas,» — are reported words of Volozh.

«Greg Abovsky feels great «Yandex» and understands how to develop our business. He worked with Sasha for about five years, and I am sure that this is the most obvious and understandable inside and outside successor,» — said Volozh.

Shulgin, in turn, said that now «Yandex» is «in excellent shape» and the company ahead of the years of excellent growth. «To me it’s time to move on. Greg is a consummate professional and valued colleague who has much to give to «Yandex,» said Shulgin.

Greg Abovsky came to «Yandex» in 2013 as Vice President, investor relations and corporate development. In 2014, he became CFO of the company and in the last few years did a lot of operations. To Yandex it is more than 14 years working in management positions in Finance, media and technology. Abovsky holds an MBA from Harvard business school, bachelor of Economics in Economics and Russian literature at brown University.