Nationalisation of Northern Rock mortgage products, but the other company, "Northern Rock (Asset Management) plc", will not. The subsidiary in Guernsey, Northern Rock (Guernsey) Limited, and all Irish accounts are owned by the new Northern Rock plc. After the split there are two boards of directors; Ron Sandler is the Chairman of the new Northern Rock plc and Richard Pym is Chairman of the Asset Management company. Gary Hoffman is Chief Executive of both companies. On 10 March 2010 Northern Rock (Asset Management) plc announced that for the year 2009 the company made a better than expected loss of £257.4 million; this was a
Government of Russia of Russia, which exercises executive power. But, the President does appoint the Prime Minister. The Chapter 6 of the Constitution of Russia says, that "The Government of the Russian Federation consists of the Chairman of the Government of the Russian Federation (Prime Minister), Deputy Chairman of the Government of the Russian Federation and federal ministries". After the fall of the Soviet Union, the Russian Council of Ministers had become the main executive body. At some points it contained over 69 state committees, 16–17 ministers, 5 federal services, and over 46 governmental agencies. After the 2004 reform, government duties were split