Sergey Ivanov is to step down early as CEO of Alrosa, Russia’s state-controlled diamond miner, according to media reports. He will reportedly join the private investment firm Volga Group, owned by Gennady Nikolayevich Timchenko, a billionaire and long-time friend and ally of Russia’s president Vladimir Putin. Mr Ivanov was appointed as Alrosa’s youngest ever boss […]

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In a unanimous decision, the Supervisory Board of ALROSA at an absentee meeting re-elected Sergey Ivanov as CEO and Chairman of the Executive Committee for a period of five years. Sergey Ivanov, who was earlier under a three-year contract, has been CEO of ALROSA since March 2017. “On behalf of the shareholders, I would like […]

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ALROSA and Zimbabwe Consolidated Diamond Company (ZCDC) signed a number of agreements to finalize a creation of a joint venture for prospect and exploration works for primary diamond deposits in the Republic of Zimbabwe. A shareholder agreement and a JV establishment agreement were signed by Sergey Ivanov, ALROSA CEO, and Killian Ukama, Eng., a Non-Executive […]

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The Supervisory Board of ALROSA at the meeting on December 13 approved the Strategy for the development of its cutting and polishing complex for 2020-2022, as well as the plan of integration of the Smolensk diamond factory Kristall into ALROSA Group. Today, the ALROSA Group includes several diamond cutting companies: Diamonds of ALROSA branches in […]

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An Alrosa delegation, led by CEO Sergey Ivanov, recently met with diamond banks and funds to discuss developments in the industry. Among the attendees at the December 6 Moscow event were delegates from the State Bank of India, NBF, ABN AMRO and representatives of the DelGatto and Channel finance funds. During the meeting, the group […]

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The Supervisory Board of PJSC ALROSA at its meeting on December 10 will consider its withdrawal from Non-State Pension Fund Almaznaya Osen (Diamond AutumnṆ). The Joint Stock Company Non-State Pension Fund Almaznaya Osen was established in 2015 via reorganization of Non-State Pension Fund Almaznaya Osen, which had been set up in 1995. The Fund is […]

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Evgeny Agureev, who has been a director of the United Selling Organization of ALROSA (USO) since 2017, was appointed as Deputy CEO of ALROSA. He will continue to lead the USO and oversee the sales unit. Since 2017, Evgeny Agureev has also been a member of the ALROSA’s Executive Committee. In his new position, Mr. […]

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ALROSA and the Federal Agency for Nationality Affairs (FADN of Russia) signed an agreement on cooperation in the field of preserving the traditional lifestyle of the indigenous minorities of the Russian North, Siberia and the Far East. The signatures were put by Igor Barinov, the head of the FADN of Russia, and Sergey Ivanov, CEO […]

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