Board of Directors

Gareth Penny
Gareth Penny

Independent director

Chairman of the Board of Directors since 2013

Member of the Strategy Committee

Born in: 1962

Nationality: UK

Education:

  • Diocesan College (Bishop);
  • Eton College (Cape Town);
  • Oxford, Rhodes Scholar, Master of Arts in Philosophy, Politics and Economics

Track record:

  • 2004 — 2006 — Managing Director of Diamond Trading Company — marketing branch of De Beers
  • 2006 — 2010 — General Director of De Beers GroupPublic Joint Stock Company "Mining and Metallurgical Company "Norilsk Nickel” and its subsidiariesGo to the glossary
  • 2011 — 2012 — General Director of AMG Mining
  • 2012 — 2016 — Executive Chairman of New World Resources Plc
  • 2012 — 2016 — Executive Director New World Resources NV
  • 2012 — 2016 — Member of the Board of Directors OKD
  • 2007 — to date — Director Julius Bar Holding Ltd
  • 2016 — to date — Nonexecutive Chairman of the Board of Directors Pangolin Diamonds Corp
  • 2016 — to date — Nonexecutive Chairman of the Board of Directors Edcon Holdings Limited
Andrey Bougrov
Andrey Bougrov

Executive director

Deputy Chairman of the Board of Directors since 2013

Member of the Management Board since 2013

Born in: 1952

Nationality: Russia

Education:

  • Moscow State Institute of International Relations (MGIMO), PhD in Economics

Track record:

  • 1977-1991 — Ministry for Foreign Affairs of the USSR
  • 1991-1993 — Advisor to the President, European Bank for Reconstruction and Development
  • 1993-2002 — Executive Director, Member of the Board of Directors — International Bank for Reconstruction. and Development, International Development Association, International Finance Corporation, Multilateral Investment Guarantee Agency, Washington. D.C., USA
  • 2002-2004 — Deputy CEO, Investment Department Director, CJSC Interros Holding Company Management Board, Member
  • 2002-2003, 2005 — Member, Board of Directors, Power Machines OJSC
  • 2002-2009 — Member, Board of Directors, JSC Rosbank
  • 2003-2005 — Member, Board of Directors, JSC Russian Utilities Systems
  • 2003-2007 — Member, Board of Directors, JSC Open Investments (OPIN)
  • 2004-2010 — Managing Director, Member of the Board of Directors, CJSC Interros Holding Company
  • 2004-2008 — Member, Board of Directors, JSC RAO Unified Energy System of Russia
  • 2008-2011 — Chairman, Board of Directors, ProfMedia Holding
  • 2005 — Member, Board of Directors JSC TGKTerritorial Generating CompanyGo to the glossary-1
  • 2007-2008 — Member, Supervisory Board, Advanced Metallurgical Group N.V., Netherlands
  • 2007-2009 — Chairman, Board of Directors, Power Generating Company OGKWholesale Generating CompanyGo to the glossary-3
  • 2002-2006 — Member, Management Board, Russian Federation Chamber of Commerce and Industry
  • 2007-2009 — Member, Governing Council, Sustainable Energy Development Autonomous Non-Profit Organization
  • 2008-2009 — Member, Commission of Experts under the United Nations General Assembly on Reforms of the International Monetary and Financial system (Stiglitz Commission)
  • 2010-2013 — Deputy CEO, Member of the Management Board, Interros Company
  • 2013-2014 — Member, Board of Directors , OJSC RusHydro
  • 2013-2015 — Deputy CEO for GR and IR, OJSC MMCMining and Metallurgical CompanyGo to the glossary Norilsk Nickel
  • 2013 — 2015 — Vice-President, CJSC Intrrros Holding Company (2015 —Intrrros Holding Company LLC)
  • Since 2014 — Member, Board of Directors, OJSC Inter RAO UES (2015 — PJSC Inter RAO UES)
  • June, 2015 — October, 2015 — Vice-President — Government and Investor Relations, MMC Norilsk Nickel
  • 2015 — 2016 — Vice-President, MMC Norilsk Nickel
  • 2015 — 2016 — Member of the Investment Committee, RusHydro Hydroelectric Power Generation Company
  • Since 2016 — Senior Vice President, PJSC MMC Norilsk Nickel
  • Since 2016 — Member of the Expert Advisory Board on Corporate Governance, the Central Bank of the Russian Federation (Bank of Russia)
  • Since 2016 — Chairman of the Share Issuers Committee, PJSC Moscow Exchange
  • Member of The Bretton Woods Committee, Washington D.C.
  • Member of the Russian Federation Council for Foreign and Defense Policy
  • Member of the Russian Federation Ministry of Foreign Affairs Business Council
  • Member/Vice-President of the Russian Union of Industrialists and Entrepreneurs
  • Member of the Presidential Anti-Corruption Department Advisory Board
Sergey Barbashev
Sergey Barbashev

Non-executive director

Member of the Board of Directors since 2011

Member of the Corporate Governance, Nomination and Remuneration Committee

Born in: 1962

Nationality: Russia

Education:

  • Moscow Higher School of Militia of the Ministry of Internal Affairs of the USSR, degree in law

Track record:

  • Since 2008 — to date — CEO, Chairman of the Management Board CJSC Interros Holding Company (2015 — (Since 2015 — Interros Holding Company, LLC)
  • Since November 2011 — Chairman of the Board of Directors, «Ski Resort Development Company «Roza Khutor», Limited Liability Company
  • Since 2008 — now — Member of the Board, «The Vladimir Potanin Fondation»
  • Since 2015 — now — Director of Branch, Olderfrey Holdings Limited
  • Since 2016 — now — Member of the Board, Specialized Endowment Fund for Education, Science, and Culture
  • Since 2016 — now — Director, Olderfrey Holdings Limited
Alexey Bashkirov
Alexey Bashkirov

Non-executive director

Member of the Board of Directors since 2013

Chairman of the Budget Committee, member of the Audit Committee, member of the Strategy Committee

Born in: 1977

Nationality: Russia

Education:

  • Moscow State Institute of International Relations (MGIMO) of the Ministry of International Affairs of Russia, degree in international economics

Track record:

  • Upon graduation in 1999 from MGIMO Alexey Bashkirov joined ING Barings’ corporate banking division where he stayed until 2000. Later that year he became an analyst in Morgan Stanley’s Investment Banking Department, a position he held for 3 years
  • In 2003 Alexey joined McKinsey & Co., a consulting company, as an associate. After 3 years with McKinsey & Co., he moved on to become a Senior Associate in Goldman Sachs’ Special Situations Group, where he worked until 2008. In 2009 he joined Interros as the Operations Director of the Investments Department and was promoted to the Head of the Investments Department in 2011
  • In 2013 Mr. Bashkirov was named as the Chief Investment Officer at Interros. He has also been a member of the Management Board of Interros since 2011
  • Mr. Bashkirov was member of the Board of Directors of ProfMedia Management, Stavropol Broiler, Agro-Industrial Company Agros, Rosa Khutor, ProfEstate, СP Holding and Cinema Park
  • Currently Alexey Bashkirov sits on the Board of Directors of NPO Petrovax Pharm, ZAODNO and iGlass Technology Inc
  • Since 2016 he is also a member of the Trustee Board for Non-Profit Organization ‘Night Hockey League Amateur Hockey Promotion Fund’
  • In March 2013 Mr. Bashkirov became a member of the Board of Directors and a Chairman of the Budget Committee of Norilsk Nickel
Sergey Bratukhin
Sergey Bratukhin

Independent director

Member of the Board of Directors since 2013

Chairman of the Corporate Governance, Nomination and Remuneration Committee, member of the Strategy Committee, member of the Budget Committee, member of the Audit Committee

Born in: 1971

Nationality: Russia

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:

  • 2008 — 2009 — Director for strategic investments of Renaissance Partners
  • 2009 — 2011 — Managing Director for strategic investments of Renaissance Partners
  • Since 2011 — to date — President of CIS Investment Advisers LLC
  • 2014 — 2016 — Member of the Board of Directors OJSC JSCB International Financial Club
Rushan Bogaudinov
Rushan Bogaudinov

Non-executive director

Member of the Board of Directors since 2015

Member of the Audit Committee

Born in: 1977

Nationality: Russia

Education:

  • Moscow Stankin State Technology University, degree in machine building automation

Track record:

  • At present time — Head of Practice, CJSC Rusal Global Management B.V.
  • 2012 — 2016 — Member of the Board of Directors, Aughinish Alumina Ltd
  • 2012 — 2016 — Member of the Board of Directors, Limerick Alumina RefiningThe process of extracting high-purity precious metals through their separation and removal of impurities.Go to the glossary Ltd
  • 2012—May 2015 — Department Director for Control and Audit, CJSC RUSAL Global Management B.V.
  • 2011–2012 — Director of Internal Audit Departments of OJSC Rospachat Agency and OJSC FreightLink
  • 2008–2011 — Director for Internal Audit, LLC Military-Industrial Company
  • 2006–2008 — Manager of Control and Auditing Department of Logos Group
  • 2003–2006 — Director of Control and Auditing Department of LLC Planet Management and DIXI Group
  • 2001–2003 — Specialist in Internal Audit and Supervision of BIN and X5 Groups
  • 2000–2001 — Scientific activities
Marianna Zakharova
Marianna Zakharova

Executive director

Member of the Board of Directors since 2010

Born in: 1976

Nationality: Russia

Education:

  • Peoples’ Friendship University of Russia (RUDN), master’s degree in law

Track record:

  • Marianna joined Interros in 2002 as Deputy Director of Legal Department, and rose to become Director of the department in 2004, position held until 2010. From 2009 to 2010, Mrs. Zakharova also sat on the Board of Directors of Rosbank, and in 2010 became member of the Board of MMC Norilsk Nickel. In 2010-2015, Ms. Zakharova served as Member of the Management Board and Deputy CEO for Legal Affairs at Interros and sat on the Board of Directors of CJSC ProfEstate. Since October 2015 Marianna is First Vice-President and General Counsel of MMC Norilsk Nickel
Stalbek Mishakov
Stalbek Mishakov

Non-executive director

Member of the Board of Directors since 2012

Member of the Corporate Governance, Nomination and Remuneration Committee and the Budget Committee

Born in: 1970

Nationality: Russia

Education:

  • Moscow State Institute of International Relations (MGIMO), degree in international law
  • University of Notre Dame, Master’s degree
  • Diplomatic Academy of the Russian Foreign Ministry, PhD in Economics

Track record:

  • 2006 — 2007 —General Director (part-time), Altius Development LLC
  • 2007 — 2009 — General Director, Altius Development LLC
  • 2009 — 2009 — General Director (part-time), OJSC Aremeks
  • Since 2010 — to date — Adviser to General Director, CJSC RUSAL Global Management B.V.
  • 2013 — to date — Deputy CEO (part-time) of En+ Management LLC
  • 2013 — 2016 — Member of the Board of Directors, United Company RUSAL Plc
Maxim Sokov
Maxim Sokov

Non-executive director

Member of the Board of Directors since 2008

Chairman of the Strategy Committee

Born in: 1979

Nationality: Russia

Education:

  • Russian State Tax Academy under the Russian Ministry of Taxes, degree in law; New York University, master’s degree in law

Track record:

  • 2008–2013 CEO at OK RUSAL — Investment Management
  • 2011–2012 Director for Strategy at RUSAL Global Management B. V.
  • 2012—present: member of the Board of Directors at United Company RUSAL plc
  • 2012–2013 Director for 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, member of the Board of Directors at Eurosib Energo Plc and En+ Group Ltd
  • 2014—present: CEO at En+ Group Ltd
Vladislav Soloviev
Vladislav Soloviev

Non-executive director

Member of the Board of Directors since 2013

Born in: 1973

Nationality: Russia

Education:

  • Graduate School of Management of the State
  • Academy of Management Moscow Stankin State Technology University
  • МВА

Track record:

  • 2003 — 2007— Deputy General Director for Finance, RUSAL-UC LLC
  • In 2007 — CFO, CJSC RUSAL Global Management B.V.
  • 2007 — to date — Member of the Board of Directors, United Company RUSAL Plc
  • 2008 — 2010 — CEO, En+ Management LLC
  • 2008 — 2015 — Member of the Board of Directors, En+ Group Limited
  • 2010 — 2014 — First Deputy CEO, CJSC RUSAL Global Management B.V.
  • 2013 — 2015 — Member of the Board of Directors, OJSC MMC Norilsk Nickel
  • 2014 — to date — CEO, CJSC RUSAL Global Management B.V.
  • 2014 — to date — CEO, United Company RUSAL Plc
  • 2015 — to date — Member of the Board of Directors, PJSC MMC Norilsk Nickel
Gerhardus Prinsloo
Gerhardus Prinsloo

Independent director

Member of the Board of Directors since 2012

Chairman of the Audit Committee, member of the Budget Committee, member of the Strategy Committee, member of the Corporate Governance, Nomination and Remuneration Committee

Born in: 1965

Nationality: Germany

Education:

  • University of Pretoria, South Africa

Track record:

  • 2005 — 2008 — Partner, Head of Monitor Group branch
  • 2008 — 2012 — Partner and director Bain & Company Russia, LLC
  • Since July 2012 to date — Mr Prinsloo is the majority owner and director of Natural Resource Partnership, a company specialising in providing strategic and technical solutions to natural resource companies — especially oil and gas and mining
Sergey Skvortsov
Sergey Skvortsov

Independent director

Member of the Board of Directors since 2017

Born in: 1964

Citizenship: Russia

Education:

  • Graduated from Moscow State Institute of International Relations (MGIMO) in 1986 with a degree in International Economic Relations, holds a PhD in Economics.

Track record:

  • 2009 — 2013 — Principal Partner, Troika Dialog Group (in 2012 renamed to CJSC SIB Financial Broker)
  • 2013 — 2014 — Managing Director, Investments, Rostec State Corporation
  • 2014 — 2016 — Chief Investment Officer — Deputy General Director, Rostec State Corporation
  • 2017 — now — Executive Chairman of the Board of Directors, JSC RT-Invest
  • 2006 — now — Member of the Board of Directors, PJSC KAMAZ
  • 2008 — 2016 — Member of the Board of Directors, PJSC AVTOVAZ
  • 2014 — 2015 — Member of the Board of Directors, OJSC MMC Norilsk Nickel
  • 2014 — 2017 — Member of the Board of Directors, JSC OPK Oboronprom
  • 2014 — now — Member of the Board of Directors, JSC Russian Helicopters
  • 2014 — now — Chairman of the Board of Directors, LLC RT — Invest (in 2017 renamed to JSC RT — Invest)
  • 2016 — now — Member Partnership Council of Non-Profit Partnership Russian Automakers Union
  • 2016 — now — Chairman of the Board of Directors, PJSC AVTOVAZ
  • 2016 — now — Member of the Board of Directors, Alliance Rostec Auto B.V.
Robert Edwards
Robert Edwards

Independent director

Member of the Board of Directors since 2013

Member of the Corporate Governance, Nomination and Remuneration Committee, member of the Audit Committee

Born in: 1966

Nationality: UK

Education:

  • Camborne School of MineA mining location for the extraction of ores.Go to the glossarys, degree in Mining Engineering

Track record:

  • 2002 — 2011 — Head of Metals and Mining Research, Renaissance Capital Ltd
  • January 2012 — October 2012 — Chairman of Global Metals and Mining Research, Renaissance Capital Ltd
  • 2013 — 2014 — Senior Advisor Royal Bank of Canada (Europe) Capital Markets
  • Since 2013 — to date — Principal of Highcross Resources Ltd
  • Since 2014 — to date — Non-executive Director GB Minerals Ltd
  • 2016 — 2016 — Non-executive Chairman Sierra Rutile Limited (SRX)

Discover more in Annual report http://ar2016.nornik.ru

Audit Committee

Members of the Audit and Sustainable Development Committee Members of the Budget Committee Members of the Strategy Committee Members of the Corporate Governance, Nomination and Remuneration Committee
Tools