***PRESS RELEASE: Geospatial Agency Innoter LTD announces a change in its CEO
Natalia Malkova is stepping down as CEO and will become Deputy Director of Production.
Feliks Fokin, owner of the company, will become CEO.
These steps are designed to strengthen the production division and catalyze the next stage of the company's growth.
Moscow, Russia. Geospatial Agency Innoter LTD, the leader in remote sensing in Russia, the CIS, and Eastern Europe, announced today that its CEO, Natalya Malkova, is stepping down from her position and will become Deputy Director of Production, while the company's Development Director and owner, Feliks Fokin, will become CEO. These changes will take effect on September 4.
“It has been an honor and a privilege to serve as CEO of GEO INNOTER LTD,” said Malkova. "The qualitative growth over the past three years has allowed GEO INNOTER LTD to strengthen its position in the market for the supply and processing of aerospace images, as well as in the market for thematic services using remote sensing and cartography. The company's revenue has more than tripled over the past three years, which requires me to focus on production tasks."
“We are extremely grateful to Malkova for her significant contribution to GEO INNOTER LTD since her appointment in March 2022 and for laying the foundation for the company's next stage of growth,” said Feliks Fokin, owner of the company.
“We expect the management team at GEO INNOTER LTD to continue this momentum and advance the company's mission of digitally transforming our clients' businesses through the use of aerospace imaging.”
Geospatial Agency INNOTER LTD is part of the INNOTER group of companies, the leader in Russia, the CIS, and Eastern Europe in the field of remote sensing of the Earth, and one of the world's leading providers of aerospace imaging, thematic interpretation, and cartography, serving more than 5,000+ customers across the entire value chain using Earth observation data in 40+ countries around the world. Over more than 25 years of the INNOTER brand's existence, the company has built partnerships with most of the world's Earth remote sensing satellite operators, since 2015, it has been at the forefront of bringing Chinese partners' products to the Russian and CIS markets, has repeatedly carried out cartographic work across all continents of our planet, and has been recognized as the best partner of the year by global leaders in the Earth remote sensing industry.
For more information, visit www.innoter.com.
In November 2015, Feliks Fokin acquired a 51% stake in the INNOTER group and joined the company as Director of Development. In September 2018, Fokin exercised an option to increase his stake in the company to 76%, and in September 2019, he consolidated 100% of INNOTER's shares.
As Director of Development, Fokin was responsible for developing and implementing market strategy, interacting with key partners and customers, controlling budget execution, providing consulting services, transforming the company, and implementing best IT practices.
From 2010 to 2014, Fokin was Director of Service Implementation at AFK SISTEMA (SITRONICS, ENVISION), where he was responsible for developing and implementing the market strategy for the electric power industry.
From 2008 to the present, Feliks Fokin has been the CEO of FINEX Consulting LTD, formerly a leading consulting group in the power grid sector. The profile of completed projects includes the development of strategies, technical policies, regulatory and technical documents, etc. Key clients include RAO UES, IDGC Holding, Rosseti and its subsidiaries, the Ministry of Energy of the Russian Federation, etc.
The results of his work on developing and amending Russian legislation to improve the reliability and quality of electricity supply were recognized as one of the seven best projects of NTI (EnergyNET) (formation and development of the market for electrical products – Digital RES).
He began his career in 2006 as a manager at Landmarkk, an international investment development company.
In 2007, he graduated from the Moscow State Law Academy (MGUA) with a specialization in finance. He has studied at the Skolkovo School of Management (Component, Exporters, Practicum, Startup Academy), completed an MBA program, interned in Silicon Valley, and more.
Business angel.
Married with two children. Born and raised in Riga (Latvia).
Enjoys chess, running, and new technologies.
Contacts:
+7 495 245-0424
For the media
Svetlana Kudryashova