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SGS, the global leader and innovator in inspection, verification, testing and certification, announces the appointment of Mr Teymur Abasov as Chief Operating Officer Eastern Europe and Middle East and Managing Director Russia to be based in Moscow. Mr Alim Saidov, who has been Chief Operating Officer Eastern Europe and Middle East and Managing Director Russia since 2004, is appointed Executive Vice President for Oil, Gas & Chemicals and will relocate to Geneva, Switzerland.

Engineer by education, Mr Abasov started his career in SGS in 1994 as a senior inspector. Having demonstrated outstanding professional and leadership skills, further he occupied a number of managing positions in Caspian region. "I feel honored to head such a growing and perspective region and become part of the united and successful team of professionals", commented Teymur Abasov. "My objective will be to strengthen the positions achieved by today and to stimulate further business growth in Eastern Europe and Middle East, where Russia plays primary role. Dynamic economic development of the region and its integration to the world economy reason the necessity to introduce advanced technologies and knowledge enabling companies to optimize their business processes and minimize risks. The unique batch of such knowledge possessed by SGS will help to satisfy the ever growing demands of our clients in various industries and service sector".

"First of all, let me thank our clients for their trust to SGS in the region I had the honor to lead and also thank my colleagues for their wonderful job: I am proud of the team’s achievements and am sure that new successes will follow. Oil, Gas & Chemicals account for 47% of SGS turnover in Eastern Europe and Middle East, and the Russian subsidiary – SGS Vostok Limited – generates significant part of it. Obviously, in my new role I will be closely cooperating with our team in Russia and other regional countries, and this is real pleasure to me since first-class specialists and passionate people are working here. I am convinced that we will continue our business development in the region as well as diversification of the service portfolio in the field of O&G production and refining", said Alim Saidov.