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Goldman, Wolfe quit Rusal Board of Directors

April 11, 4:37 UTC+3 MOSCOW

Earlier, head of Swiss trader Glencore Ivan Glasenberg and former US ambassador to the UK Philip Lader also left Rusal

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MOSCOW, April 11. /TASS/. Maksim Goldman and Daniel Lesin Wolfe have stepped down from the board of directors of Russia’s aluminum giant, Rusal, included in the US sanctions list, the company said in an announcement released via the Hong Kong stock exchange on Wednesday.

Goldman and Wolfe served as non-executive directors of the company.
Earlier, head of Swiss trader Glencore Ivan Glasenberg and former US ambassador to the UK Philip Lader also left the Rusal board of directors.

Following their resignation, Rusal’s Board of Directors now has two executive directors, seven non-executive directors and five independent non-executive directors.

Currently, the company’s executive directors are Vladislav Soloviev and Siegfried Wolf, the non-executive directors are Oleg Deripaska, Maxim Sokov, Dmitry Afanasiev, Gulzhan Moldazhanova, Olga Mashkovskaya, Ekaterina Nikitina and Marco Musetti, and the independent non-executive directors are Matthias Warnig (Chairman), Elsie Leung Oi-sie, Mark Garber, Dmitry Vasiliev and Bernard Zonneveld.

On April 6, the United States announced that it was slapping new sanctions on a number of Russian officials, businessmen and companies. The list includes Oleg Deripaska, as well as Gazprom CEO Alexey Miller, VTB CEO Andrey Kostin, owner of Renova Viktor Vekselberg, President of Surgutneftegaz Vladimir Bogdanov, Member of Sibur Board of Directors Kirill Shamalov, businessmen Igor Rotenberg and Suleiman Kerimov.

At the same time, the list of companies includes several structures related to Oleg Deripaska - agroholding Kuban, Eurosibenergo, Rusal, Russian Machines and GAZ Group, investment company B-Finance, holdings Basic Element and En+. In addition, Vekselberg's Renova group, Shamalov's Ladoga Managem were put on the list as well.

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