RBC: Sergey Ivanov will leave the post of head of ALROSA

Sergey Ivanov, CEO and Chairman of the Board of ALROSA, who has been heading the company since 2017, decided to resign before the expiration of his employment contract. About it RBC reported a source surrounded by a top manager and an interlocutor in the government of Yakutia. According to a source close to ALROSA, there were no complaints about the work of the top manager.

The current contract of Mr. Ivanov was extended in 2020 until the spring of 2025, he was going to leave his post in mid-2021, a source close to the leadership of ALROSA said. After the start of the military operation and the imposition of sanctions, these plans were shelved, the source said.

ALROSA produces a quarter of all diamonds in the world.

The first about the possible departure of Sergei Ivanov from ALROSA informed Brief Telegram channel. According to him, the investment group Volga Group of Gennady Timchenko (co-owner of NOVATEK and SIBUR) can become a new place of work for Sergei Ivanov. A source close to the top manager said that Mr. Ivanov could move to one of the structures associated with the Volga Group. The possibility of Sergei Ivanov leaving his post at ALROSA was confirmed to Interfax by a source in the diamond industry who is familiar with the discussion of the issue.

Representatives of ALROSA and Volga Group declined to comment.

Mr. Ivanov is the son of the President’s special envoy for environmental protection, ecology and transport, Sergei Ivanov. Sergei Ivanov Jr., after the start of the military operation, came under sanctions from the United States, Canada, Australia and Great Britain.

ALROSA also fell under US sanctions. After that, Mr. Ivanov asked the Supervisory Board to reduce his salary by half.

Meanwhile, today, December 1, the press secretary of the President of Russia Dmitry Peskov did not confirm information about plans for reshuffles in the top management of state corporations.

Maria Fedotova