Metalloinvest Finance Designated Activity Company (IRSH)
Metalloinvest Finance Designated Activity Company: Metalloinvest appoints
new CEO
06-May-2020 / 13:40 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Metalloinvest appoints new CEO
Moscow, Russia - 06 May 2020 - Metalloinvest ("the Company"), a leading
global iron ore and HBI producer and supplier, and one of the regional
producers of high-quality steel, has announced the appointment of Nazim
Efendiev as CEO of Management Company Metalloinvest.
He will combine the new role with the duties of First Deputy CEO, Sales
Director.
Ivan Streshinsky, Chairman of the Board of Directors of Management Company
Metalloinvest, commented:
"Nazim Efendiev has in-depth knowledge of the Company's business processes
and extensive management experience. He contributed greatly to the
foundation and development of Metalloinvest, having worked for almost two
decades together with Andrey Varichev. Under the leadership of Nazim
Efendiev, the Company will continue to implement the policy of dynamic
development. I am confident that the team led by Nazim Efendiev will ensure
the sustainable operation of Metalloinvest during this turbulent period in
the global economy and will continue to implement projects aimed at further
strengthening its market position."
Nazim Efendiev was born in 1963 in Baku. In 1985, he graduated from the
Military Institute of Foreign Languages and, in 1995, he obtained an MBA at
the Academy of National Economy and completed a specialised international
management programme at Kingston University (UK). From 2018 to 2019, he
studied at IESE Business School of the University of Navarra on the Advanced
Management Programme.
Since 1996, he worked at Siberian Aluminium as Deputy Commercial Director of
the Sayan Aluminium Plant, Director of the Trading House of the Samara
Metallurgical Plant, and Chief of the Rolling Division of Russian Aluminium.
In 2001, he became Sales Director at NOSTA and Ural Steel. Since 2004, he
has served as General Director of Ural Steel. In 2006-2007, he was Executive
Director of Management Company Metalloinvest . In 2007-2009, he served as
CEO and Chairman of the Board of Directors of Machine-building Corporation
Uralmash.
Since June 2010, he was Managing Director of Ural Steel. In 2011-2012, he
was Deputy CEO, Government Relations Director of Management Company
Metalloinvest.
From March 2012 until present he has been serving as First Deputy CEO, Sales
Director of Management Company Metalloinvest.
# # # #
For more information, please contact:
Artem Lavrischev
Director of Investor Relations and Corporate Ratings
E: ir@metalloinvest.com
T: +7 (495) 981-55-55, ext. 7243
Anton Troshin
Corporate Communications Department
E: pr@metalloinvest.com
T: +7 (495) 981-55-55, ext. 7629
Metalloinvest is a leading global iron ore and merchant HBI producer and
supplier, and one of the regional producers of high-quality steel. The
Company has the world's second-largest measured iron ore reserve base and is
one of the lowest-cost iron ore producers.
Metalloinvest is wholly owned by HC USM LLC. Alisher Usmanov is the major
beneficiary of Holding Company USM LLC (49%).
ISIN: XS0918297382
Category Code: MSCL
TIDM: IRSH
Sequence No.: 61998
EQS News ID: 1037191
End of Announcement EQS News Service
(END) Dow Jones Newswires
May 06, 2020 06:41 ET (10:41 GMT)
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