UC RUSAL APPOINTS DIRECTOR FOR CONTROL
UC RUSAL APPOINTS DIRECTOR FOR CONTROL
Moscow, 7 June 2008 – UC RUSAL, the world’s largest aluminium and alumina producer, is pleased to announce appointment of Vitaliy Samsonov as Director for Control.љ Vitaliy will be responsible for maintaining and enhancing the effectiveness of the group’s internal control system and risk management.љ Alina Gutkina, who previously occupied this role, has been appointed Director of Internal Audit. She will be responsible for the independent evaluation of the internal control system and report directly to the Board of Directors of UC RUSAL.
The change in the company’s structure is made in accordance with international standards and will ensure the separation of internal control and risk management from internal audit.
Such a structure is based on the world’s best management practices of publicly-listed companies and will improve the transparency and management control of UC RUSAL.љ The internal audit directorate is coordinated by the Audit Committee of the Board of Director.
The purpose of dividing these functions is to further develop UC RUSAL’s corporate governance system contributing to the company’s attractiveness among investors.љ
Biography:
Vitaliy Samsonov was previously the financial director of Metalloinvest Management Company (2007). He joined Lebedinsky Mining and Processing Complex in 2001 as the deputy director of finance and in 2002 was promoted to the director of finance, a role he occupied for four years. Mr. Samsonov was the chief economist at Gazprom from 1998-2001 and General Director of Park Investment in 1996-1998.љ
Vitaliy Samsonov was born in 1975 in Moscow. He graduated from the Plekhanov State Academy in 1998. In 1999-2000 he took a management course under the joint programme of French university NANCY-2 and the Academy of National Economy of the RF Government.љ
About UC RUSAL
United Company RUSAL (www.rusal.com) is the global leader in the aluminium industry, accounting for approximately 12% and 15% of global production of aluminium and alumina respectively. The company was founded in March 2007 through the merger of RUSAL, SUAL, and the alumina assets of Glencore. United Company RUSAL sells its products in 70 countries worldwide and employs 100,000 people in 19 countries, across 5 continents.
To learn more about aluminium please visit http://www.aluminiumleader.com/en/
The change in the company’s structure is made in accordance with international standards and will ensure the separation of internal control and risk management from internal audit.
Such a structure is based on the world’s best management practices of publicly-listed companies and will improve the transparency and management control of UC RUSAL.љ The internal audit directorate is coordinated by the Audit Committee of the Board of Director.
The purpose of dividing these functions is to further develop UC RUSAL’s corporate governance system contributing to the company’s attractiveness among investors.љ
Biography:
Vitaliy Samsonov was previously the financial director of Metalloinvest Management Company (2007). He joined Lebedinsky Mining and Processing Complex in 2001 as the deputy director of finance and in 2002 was promoted to the director of finance, a role he occupied for four years. Mr. Samsonov was the chief economist at Gazprom from 1998-2001 and General Director of Park Investment in 1996-1998.љ
Vitaliy Samsonov was born in 1975 in Moscow. He graduated from the Plekhanov State Academy in 1998. In 1999-2000 he took a management course under the joint programme of French university NANCY-2 and the Academy of National Economy of the RF Government.љ
About UC RUSAL
United Company RUSAL (www.rusal.com) is the global leader in the aluminium industry, accounting for approximately 12% and 15% of global production of aluminium and alumina respectively. The company was founded in March 2007 through the merger of RUSAL, SUAL, and the alumina assets of Glencore. United Company RUSAL sells its products in 70 countries worldwide and employs 100,000 people in 19 countries, across 5 continents.
To learn more about aluminium please visit http://www.aluminiumleader.com/en/
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