Sistema Executive and Leadership Team

June, 2026

Leadership Overview

Sistema has 5 executives leading key functions including strategy, operations, information technology, and governance.

Driven by a diversified investment philosophy, Sistema is dedicated to fostering growth across telecommunications, retail, timber processing, agriculture, high technology, banking, real estate, healthcare, and hospitality sectors, impacting the Russian economy through strategic capital allocation.

Leadership Roles at Sistema

  • Chief Executive Officer - Richard Azoury
  • President & Chief Executive Officer - Vladimir Chirakhov
  • Referent of the President - Olga Shekunova
  • Chief Information Officer - Alexander Budnikov
  • Presidente Do Conselho Municipal De Educação - Celso Piarelli
  • Richard Azoury - Chief Executive Officer

    Richard Azoury, the Chief Executive Officer at Sistema, directs the overarching corporate strategy and operational execution across the conglomerate's diverse portfolio. Azoury's leadership ensures alignment with market demands in telecommunications, retail, timber processing, agriculture, high technology, banking, real estate, healthcare, and hospitality. This executive guides the strategic deployment of capital, focusing on maximizing shareholder value and driving sustainable growth within the Russian market. Richard Azoury oversees the integration of new ventures and the optimization of existing business units, ensuring each operates at peak efficiency. The Chief Executive Officer's mandate includes fostering innovation and maintaining Sistema's position as a leading private investor through rigorous financial oversight and strategic planning.

    Vladimir Chirakhov - President & Chief Executive Officer

    Vladimir Chirakhov, the President & Chief Executive Officer at Sistema, spearheads the company's strategic vision and operational management, guiding its extensive investments across multiple industries. Chirakhov's role involves driving expansion and efficiency in sectors such as telecommunications, retail, timber processing, agriculture, high technology, banking, real estate, healthcare, and hospitality. The President & Chief Executive Officer ensures that Sistema's diverse business units maintain competitive advantages and contribute to the company's overall economic impact. Vladimir Chirakhov oversees critical decision-making processes, focusing on long-term value creation and the robust development of the conglomerate's asset base. This leadership position demands a comprehensive understanding of market dynamics to navigate complex investment landscapes and secure sustained profitability.
    Vladimir Chirakhov

    Olga Shekunova - Referent of the President

    Olga Shekunova, the Referent of the President at Sistema, provides critical support and strategic counsel to the President, facilitating the smooth execution of presidential directives across the organization. Shekunova's role involves coordinating communications and operational tasks that span Sistema's diverse sectors, including telecommunications, retail, agriculture, and banking. The Referent of the President ensures efficient information flow and assists in managing key relationships and projects vital to the conglomerate's strategic objectives. Olga Shekunova's contributions are essential for maintaining operational continuity and supporting the President's oversight of the company's extensive investment portfolio. This position requires meticulous attention to detail and a deep understanding of Sistema's multifaceted business operations.

    Alexander Budnikov - Chief Information Officer

    Alexander Budnikov, the Chief Information Officer at Sistema, architects the technological infrastructure and digital strategy supporting the conglomerate's broad operational scope. Budnikov's responsibilities encompass overseeing the integration of advanced IT solutions across telecommunications, retail, agriculture, high technology, banking, and healthcare sectors. The Chief Information Officer drives digital transformation initiatives, ensuring data security, system efficiency, and the adoption of innovative technologies that enhance business performance. Alexander Budnikov's focus includes developing scalable IT frameworks that support Sistema's diverse investment portfolio and facilitate seamless operations across its various business units. This role is critical in leveraging technology to achieve strategic objectives and maintain a competitive edge in rapidly evolving markets.
    Alexander Budnikov

    Celso Piarelli - Presidente Do Conselho Municipal De Educação

    Celso Piarelli, the Presidente Do Conselho Municipal De Educação at Sistema, directs educational policy and strategic development within the municipal education council, influencing educational frameworks and resource allocation. Piarelli's leadership focuses on enhancing educational standards and ensuring equitable access to learning opportunities across the community. The Presidente Do Conselho Municipal De Educação oversees the implementation of educational reforms and fosters collaboration among stakeholders to achieve institutional goals. Celso Piarelli's responsibilities include guiding curriculum development and promoting innovative pedagogical approaches to meet evolving societal needs. This executive role is pivotal in shaping the future of education and ensuring the effective governance of municipal educational institutions.

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    Frequently Asked Questions Regarding Sistema Top Executives and Leadership Team

    Who leads Sistema?
    Sistema is led by Richard Azoury (Chief Executive Officer), along with executives such as Vladimir Chirakhov (President & Chief Executive Officer) and Olga Shekunova (Referent of the President).
    Who is part of Sistema’s executive team?
    The executive team of Sistema includes leaders such as Richard Azoury (Chief Executive Officer), Vladimir Chirakhov (President & Chief Executive Officer), Olga Shekunova (Referent of the President) and other senior executives.
    How many executives does Sistema have?
    Sistema has 5 executives leading key business areas.
    What roles are included in Sistema’s leadership team?
    The leadership team of Sistema includes roles such as Chief Executive Officer, President & Chief Executive Officer, Referent of the President, Chief Information Officer, Presidente Do Conselho Municipal De Educação.