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Day: 22 February 2019

Petrov takes the reins at AS Monaco

by: Cassandra Tanti
22/02/2019
Oleg Petrov new president of AS Monaco

Russian businessman Oleg Petrov has been officially appointed general manager of AS Monaco, following the shock exit of Vadim Vasilyev last week. Fluent in five languages, Petrov was hired for his strong background in business.

Oleg Petrov new president of AS Monaco
Oleg Petrov, 55, has two university degrees in economics and foreign languages. Photo: AS Monaco

The football club made the announcement on their website on Friday, saying Petrov “has extensive experience in operational management and brand development in global markets.”

Petrov, 55, is a friend of ASM’s Russian billionaire owner, Dmitri Rybolovlev, and has no experience of running a football club. He speaks English, Portuguese, Spanish, Greek and his native Russian, and has worked in large international companies in several sectors, including consumer electronics, fertiliser and diamonds.

Vasilyev, who came to the club in 2013, said his final goodbyes to ASM employees at a cocktail party on Wednesday night at the Fairmont Hotel. Rybolovlev was notably absent from the gathering.

Petrov said in a statement: “I thank the members of the Board of Directors and President Dmitry Rybolovlev for the trust they place in me. It is an honor to occupy these positions in a historic club with long traditions and with one of the finest records in French football. I am looking forward to meeting my new collaborators. Together, we will work hard to help put the club back on track for success and continue to grow. We have a lot of work to do, but the team has huge potential. I am optimistic for the future.”

YCM partners with Nobiskrug

by: Cassandra Tanti
22/02/2019
Hero Fleet sailing yacht

The Yacht Club de Monaco has signed a partnership with German shipyard Nobiskrug, strengthening its vision to position Monaco as the capital of yachting. The partnership forms part of the YCM La Belle Classe Academy training centre, which was set up to boost and promote the development of yachting professions.

Hero Fleet sailing yacht
The 143m Hero Fleet sailing yacht A, delivered in 2018

Founded in 1905, Nobiskrug is recognised as one of the most innovative yacht builders of recent years, a prime example being the 143m sailing yacht A. Delivered in 2018, she has won numerous awards for her revolutionary design and state-of-the-art technologies, such as the hybrid diesel-electric propulsion system and underwater observation pod. The next project to come out of the yard is Artefact, due to be delivered in 2019, another yacht bristling with new technology.

Hero fleet
Nobiskrug is recognised as one of the most innovative yacht builders of recent years

Innovation is a value Nobiskrug and the Yacht Club de Monaco share, as evidenced by the participation of a boat developed by this prestigious yard to compete in the 6th Solar and Energy Boat Challenge, organised by the YCM from the 2ndto 6th July 2019. A key objective of this unique powerboat competition is to give free rein to the creativity of student engineers, combined with the experience of the shipbuilding industry. The goal is to design, build and optimise new propulsion methods for tomorrow’s yachting, using only clean energy sources.

Nobiskrug says it also aims to help the younger generation develop and realise their dreams, and is showing support for the Monaco Sport Academy. Established on the initiative of YCM member Philippe Ghanem, this academy has access to all the YCM Sports Section and La Belle Classe Academy facilities for its mission, which is to encourage the sporting, personal and professional development of talented young athletes.