Wednesday, June 10, 2009

New CEO for Sochi 2014

Citing costs and construction issues in the preparation for the Sochi 2014 Winter Olympic Games, Russian Prime Minister Vladimir Putin replaced Olimpstroi CEO Viktor Kolodyazhny Saturday with Taimuraz Bolloyev, who joined Olimpstroi as Vice president in January.
Sochi 2014 faces the most difficult task of all Olympic history. Never before has an Olympic site started with so little: Basic infrastructure and an entirely new alpine ski center (the Roza Khutor ski resort) must be built from scratch.
Bolloev was appointed President of the Olympstroy State Corporation, responsible for delivering venues and infrastructure for Sochi 2014, when his predecessor Viktor Kolodyazhny asked to transfer to another role that is permanently based in Krasnodar Region.
According to the press release Bolloev, one of Russia's most respected business leaders, has overseen a major acceleration in development for Sochi 2014 in the last two months as acting head, while his predecessor Viktor Kolodyazhny was dealing with personal matters which have resulted in him stepping down from his position.
Prime Minister Vladimir Putin thanked Kolodyazhny for his efforts and underlined to Bolloev the importance of paying close attention to budgets and schedule of development.
Dmitry Kozak, Deputy Minister of Russia responsible for overseeing Sochi 2014 preparations said, "due to personal circumstances Viktor Kolodyazhny has asked to transfer to another role that is permanently based in the Krasnodar Region. Taymuraz Bolloev is known as one of the top managers in the country. His profile and respectability will help him to fulfil the main function of Olympstroy, which is to coordinate and control the contribution of all participants in the Olympic project from the State involvement through to private investors".
Kozak said Sochi 2014 is a national priority for Russia, and that the project is 100 per cent on track. He expressed confidence that Taymuraz Bolloev is an excellent manager and that the Olympic venue and infrastructure development project is in safe hands. Kolodyazhny said he was proud of the progress made in the first phase of development of Sochi 2014, suggesting that SC Olympstroy has an excellent leadership team in place and is very stable as a corporation with Taymuraz Bolloev already leading the delivery of significant recent progress.
Sochi 2014 is nearing completion of its design and engineering phase of preparations, in line with the International Olympic Committee (IOC) Master Plan, and will shortly enter the fully fledged construction phase on schedule, said the press release.
Located between the golden shores of the Black Sea and the soaring snow-capped Caucasus mountains, Sochi is a multicultural city of 400,000 inhabitants with a distinct Russian flavor.