Sergey Ivanov

Report: Sergey Ivanov to Resign as Alrosa’s CEO

Sergey Ivanov, the CEO of Russian mining giant Alrosa since March 2017, will resign before the expiration of his employment contract, according to a report in RBC quoted by Rough & Polished.

 

The report quoted “a source close to the top manager and the news was confirmed by a source in the government of Yakutia.”

 

“The Brief Telegram channel was the first to announce the impending resignation. According to the channel, the investment group Volga Group of Gennady Timchenko (a major co-owner of NOVATEK and Sibur) may become Ivanov’s new job. A source close to the top manager told RBC that he could move to one of the units associated with the Volga Group as a partner in one of the projects. Representatives of ALROSA and Volga Group declined to comment,” RBC said in a statement.

 

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Credit: ISDE

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