UC Rusal announces personnel and structural changes

UC RUSAL, a leading global aluminium producer, announces the appointment of Vladislav Soloviev, previously First Deputy CEO, as Chief Executive Officer of RUSAL. Oleg Deripaska, who previously held this position, has become the President of the Company.

As CEO, Vladislav Soloviev’s focus will be on the Company’s long-term development, specifically the ongoing implementation of RUSAL’s facilities efficiency programme as well as the continued improvement to production processes. In addition, he will drive output growth of value-added products, overseeing the replacement of outdated facilities with modern environmentally friendly capacities and further penetration into new strategic markets. He will also help establish alliances with new partners to further expand the applications of aluminium.

In his new role as President of the Company, Oleg Deripaska will focus on new development strategies for RUSAL, which will enable the business not only to maintain its status as one of the most efficient aluminium companies worldwide, but also to ensure that RUSAL is regarded as one of the most attractive metals companies for global investment.

‘RUSAL is facing important tasks to ensure that it continues to benefit from the current phase of growth. I am confident that Vladislav Soloviev’s impressive track record at RUSAL, coupled with his knowledge of the industry and his professionalism will ensure that RUSAL’s shareholders continue to benefit from the Company’s continued growth,’ commented Oleg Deripaska, President of RUSAL.