MMK Chairman joins Russian Olympics Support Fund

Chairman of Magnitogorsk Iron & Steel Works (MMK) and President of Metallurg hockey club Viktor Rashnikov is now one of the founder members of Russian Olympics Support Fund.

The Fund was set up in 2005 and has been offering grants to sports players, coaches and national team experts ever since. The Fund was initially founded by ten well-known Russian businesspeople: Alexander Abramov, Roman Abramovitch, Vagit Alekperov, Petr Aven, Vladimir Bogdanov, Oleg Deripaska, Vladimir Evtushenkov, Vladimir Lisin, Vladimir Potanin, and Viktor Vekselberg. The Fund’s Board of Trustees is chaired by Russian President Dmitriy Medvedev.

MMK’s PR Department reports the Fund’s last general meeting resulted in the decision that Viktor Rashnikov, Alisher Usmanov, Dmitriy Pumpyanskiy, Andrey Bokarev, and Dmitriy Rybolovlev should be accepted as the Fund’s new founding members.

Says the Fund’s CEO Alexander Katushev: ‘This addition to the team is expected to lead to our Fund’s programs becoming even more efficient.’

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