Composition of the Board of Directors
As at 31 of December 2017 the Board of Directors was made up of 13 members, including four independent, seven non-executive and two executive directors. Following the Annual General Meeting of Shareholders held on 9 June 2017, Sergey Skvortsov was elected to the Board of Directors, replacing Andrey Korobov.
| Name | Years on the Board of Directors | Track record as a member of the Board of Directors | Strategy | Law and corporate governance | Finance and audit | Mining and engineering | International economic relations |
|---|---|---|---|---|---|---|---|
| Gareth Peter Penny | 4 years | Since 2013 | + | + | + | ||
| Gerhardus Prinsloo | 5 years | Since 2012 | + | + | + | + | |
| Robert Edwards | 4 years | Since 2013 | + | + | + | ||
| Sergey Bratukhin | 4 years | Since 2013 | + | + | + | + | |
| Sergey Skvortsov | 2 years | 2014–2015 Since 2017 | + | + | |||
| Andrey Bougrov | 15 years | Since 2002 | + | + | + | ||
| Marianna Zakharova | 7 years | Since 2010 | + | + | |||
| Sergey Barbashev | 6 years | Since 2011 | + | ||||
| Alexey Bashkirov | 4 years | Since 2013 | + | + | + | ||
| Maxim Sokov | 9 years | Since 2008 | + | + | + | + | |
| Vladislav Soloviev | 7 years | 2008–2011 Since 2013 | + | + | |||
| Stalbek Mishakov | 5 years | Since 2012 | + | + | + | ||
| Rushan Bogaudinov | 2 years | Since 2015 | + | + | |||
| Total | 6 | 9 | 6 | 10 | 6 |
Biographies of members of the Board of Directors
PENNY Gareth Peter
Born in: 1962
Nationality: UK
Chairman of the Board of Directors since 2013
Independent director
Member of the Strategy Committee
Share in the Company’s authorised capital: 0%
Share in the common stock: 0%
Education:
Bishops Diocesan College, Cape Town
Eton College, UK
Oxford, Rhodes Scholar, UK
Master of Arts in Philosophy, Politics and Economics
Track record:
2007–present: Non-Executive Director at Julius Bär Holding Ltd
2012–2016: Executive Chairman at New World Resources plc, Executive Director at New World Resources NV
2012–2016: member of the Board of Directors at OKD
2016–present: Non-Executive Chairman of the Board of Directors at Pangolin Diamonds Corp.
2017–present: Non-Executive Chairman of the Board of Directors at Edcon Holdings Limited
2017–present: Director at Amulet Diamond Corporation
BOUGROV Andrey
Born in: 1952
Nationality: Russia
Deputy Chairman of the Board of Directors since 2013
Executive director (2002-2013 member of the Board of Directors)
Member of the Management Board since 2002
Share in the Company’s authorised capital: 0%
Share in the common stock: 0%
Education:
Moscow State Institute of International Relations (MGIMO), degree in International Economic Relations PhD in Economics
Track record:
2002–present: member of the non-governmental Council on Foreign and Defence Policy
2006–present: member of the Management Board of the Russian Union of Industrialists and Entrepreneurs
2010–2013: member of the Management Board and Deputy CEO at Interros Holding Company
2011–2013: Chairman of the Board of Directors at MMC Norilsk Nickel
2013–2014: member of the Board of Directors of the Federal Hydro-Generating Company RusHydro
2013–present: Vice President at Interros Holding Company LLC (Interros Holding Company CJSC until 2015)
2013–2015: member of the Management Board, Deputy Chairman of the Board of Directors, Deputy CEO at MMC Norilsk Nickel
2013–present: Vice President of the Russian Union of Industrialists and Entrepreneurs
2014–present: member of the Board of Directors at Inter RAO UES PJSC (Inter RAO UES OJSC until 2015)
2014–present: member of the Expert Committee of the Russian President’s Anticorruption Office
2015–present: member of the Management Board, Deputy Chairman of the Board of Directors at MMC Norilsk Nickel
2015–2016: member of the Investment Committee at the Federal Hydro-Generating Company RusHydro
2015–present: Senior Vice President at MMC Norilsk Nickel (formerly Vice President until 2016)
2016–present: member of the Expert Council on Corporate Governance at the Bank of Russia
2016–present: Chairman of the Issuer Committee at the Moscow Exchange
2018 – present: Deputy Chairman of the Board of Directors of non-financial reporting at RUIE
BARBASHEV Sergey
Born in: 1962
Nationality: Russia
Member of the Board of Directors since 2011
Non-executive director
Member of the Corporate Governance, Nomination and Remuneration Committee
Share in the Company’s authorised capital: 0.0% On 10 April 2017, Mr Sokov's share in the Company's authorised capital changed from 0.000088% to 0% following the gift of his stake.
Share in the common stock: 0.0% On 10 April 2017, Mr Sokov's share in the Company's authorised capital changed from 0.000088% to 0% following the gift of his stake.
Education:
Moscow Higher School of Militia of the Ministry of Internal Affairs of the USSR, degree in Law
Track record:
2008–present: CEO and Chairman of the Management Board at Interros Holding Company LLC (Interros Holding Company CJSC until 2015)
2008–present: member of the Board at the Vladimir Potanin Charitable Foundation
2011–present: Chairman of the Board of Directors of Rosa Khutor Ski Resort Development Company
2015–present: Branch Director at Olderfrey Holdings Ltd.
2016–present: member of the Board of Endowment for Education, Science and Culture
2016–present: Director at Olderfrey Holdings Ltd.
BASHKIROV Alexey
Born in: 1977
Nationality: Russia
Member of the Board of Directors since 2013
Non-executive director
Chairman of the Budget Committee, member of the Audit and Sustainable Development Committee and the Strategy Committee
Share in the Company's authorised capital: 0%
Share in the common stock: 0%
Education:
Moscow State Institute of International Relations (MGIMO), degree in International Economic Relations
Track record:
2009–2015: Executive Director, Head of the Investment Department, Deputy CEO for Investments at Interros Holding Company
2009–2013: member of the Board of Directors at Rosa Khutor Ski Resort Development Company
2009–2014: member of the Board of Directors at Prof-Media Management
2011–2015: member of the Management Board at Interros Holding Company
2012–2014: member of the Board of Directors at SP Holding, Cinema Park
2014–present: member of the Board of Directors at Petrovax Pharm and Zaodno
2015–present: member of the Management Board, Deputy CEO for Investments at Interros Holding Company
2016–present: trustee of the Night Time Hockey League, a non-profit amateur hockey foundation
2016–present: member of the Board of Directors at iGlass Technology Inc.
2016–present: Managing Director at Winter Capital Advisors
2016–present: CEO at Translaininvest
BOGAUDINOV Rushan
Born in: 1977
Nationality: Russia
Member of the Board of Directors since 2015
Non-executive director
Member of the Audit and Sustainable Development Committee
Share in the Company’s authorised capital: 0%
Share in the common stock: 0%
Education:
Moscow State Technological University “Stankin”, degree in Engineering
Track record:
2010–present: member of the Institute of Internal Auditors (IIA)
2012–2015: Head of the Control and Audit Department at RUSAL Global Management B. V.
2012–2016: member of the Board of Directors at Aughinish Alumina Ltd
2012–2016: member of the Board of Directors at Limerick Alumina Refining Ltd
2015–present: Function Head at RUSAL Global Management B. V.
BRATUKHIN Sergey
Born in: 1971
Nationality: Russia
Member of the Board of Directors since 2013
Independent director
Chairman of the Corporate Governance, Nomination and Remuneration Committee, member of the Strategy Committee, the Budget Committee and the Audit and Sustainable Development Committee
Share in the Company's authorised capital: 0%
Share in the common stock: 0%
Education:
Mendeleev University of Chemical Technology of Russia, degree in Engineering;
Finance Academy under the Government of the Russian Federation, degree in Banking and Insurance;
Warwick Business School, degree in Business Management
Track record:
2007–2017: member of the Board of Directors at Dallesprom
2007–2014: member of the Board of Directors at Amur Shipping Company
2011–present: President at Invest AG (CIS Investment Advisers LLC)
2014–2016: member of the Board of Directors at AKB International Financial Club
ZAKHAROVA Marianna
Born in: 1976
Nationality: Russia
Member of the Board of Directors since 2010
Executive director
Member of the Management Board since 2016
Share in the Company’s authorised capital: 0%
Share in the common stock: 0%
Education:
Peoples’ Friendship University of Russia (RUDN), Master’s degree in Law
Track record:
2010–2015: member of the Management Board, Deputy CEO for Legal Affairs at Interros Holding Company (Interros Holding Company CJSC until 2015)
2010–2015: member of the Board of Directors at ProfEstate
2015–present: First Vice President for Corporate Governance, Asset Management and Legal Affairs at MMC Norilsk Nickel
MISHAKOV Stalbek
Born in: 1970
Nationality: Russia
Member of the Board of Directors since 2012
Non-executive director
Member of the Corporate Governance, Nomination and Remuneration Committee and the Budget Committee
Share in the Company’s authorised capital: 0%
Share in the common stock: 0%
Education:
Moscow State Institute of International Relations (MGIMO), degree in International Law; University of Notre Dame (USA), Master’s degree; Diplomatic Academy of the Russian Foreign Ministry, PhD in Economics
Track record:
2010–present: advisor to the CEO at RUSAL Global Management B. V.
2013–2016: member of the Board of Directors at United Company RUSAL Plc
2013–present: deputy CEO at EN+ Management
PRINSLOO Gerhardus
Born in: 1965
Nationality: Germany
Member of the Board of Directors since 2012
Independent director
Chairman of the Audit and Sustainable Development Committee, member of the Strategy Committee, Budget Committee, and the Corporate Governance, Nomination and Remuneration Committee
Share in the Company’s authorised capital: 0%
Share in the common stock: 0%
Education:
University of Pretoria (South Africa), Bachelor of Commerce
Track record:
2012–present: CEO of Natural Resource Partnership
SOKOV Maxim
Born in: 1979
Nationality: Russia
Member of the Board of Directors since 2008
Non-executive director
Chairman of the Strategy Committee
Share in the Company’s authorised capital: 0.0011%
Share in the common stock: 0.0011%
Education:
Russian State Tax Academy under the Russian Ministry of Taxes, degree in Law; New York University, Master's degree in Law, lawyer (USA)
Track record:
2008–2013: CEO of OK RUSAL – Investment Management
2012–present: member of the Board of Directors at United Company RUSAL Plc
2012–2013: Director of Strategic Investment Management at RUSAL Global Management B. V.
2013–2014: Advisor on Strategic Investment Management at RUSAL Global Management B. V. and First Deputy CEO at En+ Group Ltd
2013–present: CEO at En+ Management
2013–2017: member of the Board of Directors at En+ Group Limited and Eurosib Energo Plc
2014–2017: CEO at En+ Group Limited
2017–present: CEO and member of the Board of Directors at En+ Group Plc
2017–present: member of the Board of Directors at FESCO
2017 – 2018: CEO at En+ Group Plc
2018–present: president at En+ Group Plc
SKVORTSOV Sergey
Born in: 1964
Nationality: Russia
Member of the Board of Directors in 2014–2015 and since 2017
Non-Executive director
Share in the Company’s authorised capital: 0%
Share in the common stock: 0%
Education:
Moscow State Institute of International Relations (MGIMO), degree in International Economic Relations, PhD in Economics
Track record:
2006–present: member of the Board of Directors at KAMAZ
2008–2016: member of the Board of Directors at AVTOVAZ
2009–2013: Managing Director at CJSC CIB Financial Broker
2013–2014: Managing Director for Investments at Rostec State Corporation
2014–2016: Deputy CEO at Rostec State Corporation
2014–2017: member of the Board of Directors at OPK Oboronprom
2014–present: member of the Board of Directors at Russian Helicopters
2014–2015: member of the Board of Directors at OJSC MMC Norilsk Nickel
2014–present: Non-Executive Chairman of the Board of Directors at RT-Invest JSC (formely, until 2017, RT-Invest LLC)
2016–2017: Adviser to CEO at Rostec State Corporation
2016–present: member of the Association of Russian Automakers, non-profit partnership
2016–present: Chairman of the Board of Directors at PJSC AVTOVAZ
2016–present: member of the Board of Directors at Alliance Rostec Auto B.V.
2016–present: member of the Board of Directors at Alliance Rostec Auto B.V.
SOLOVIEV Vladislav
Born in: 1973
Nationality: Russia
Member of the Board of Directors in 2008–2011 and since 2013
Non-executive director
Share in the Company’s authorised capital: 0%
Share in the common stock: 0%
Education:
Graduate School of Management of the State Academy of Management; Moscow State Technological University “Stankin”; University МВА
Track record:
2007–present: member of the Board of Directors at United Company RUSAL Plc
2008–2015: member of the Board of Directors at En+ Group Limited
2010–2014: First Deputy Director at CJSC RUSAL Global Management B. V.
2014–2018: CEO of CJSC RUSAL Global Management B. V. and United Company RUSAL Plc
2018–present: member of the Board of Directors and CEO at En+ Group
2018–present: president at United Company RUSAL Plc and CJSC RUSAL Global Management B. V.
EDWARDS Robert
Born in: 1966
Nationality: UK
Member of the Board of Directors since 2013
Independent director
Member of the Corporate Governance, Nomination and Remuneration Committee, and the Audit and Sustainable Development Committee
Share in the Company’s authorised capital: 0%
Share in the common stock: 0%
Education:
Camborne School of Mines, degree in Mining Engineering
Track record:
2013–2014: Senior Advisor at Royal Bank of Canada (Europe) Capital Markets
2013–present: CEO at Highcross Resources Ltd
2014–2018: Non-Executive Director at GB Minerals Ltd
2016–2016: Non-Executive Chairman at Sierra Rutile Limited (SRX)