Joint-Stock Company ALMAR – Arctic Diamonds announces the inclusion of Alexei
Petrov, Executive Director of ITI Capital and Da Vinchi Capital Management, to the
Board of Directors.
Alexey Petrov has over 30 years of experience in private equity, capital raising and
asset management, including in the mining industry. He was and is a member of the
Board of Directors of a number of large companies with a deep understanding of the
functions, tasks and responsibilities of the Board of Directors, among such companies:
- gold mining company SMW Gold (Egypt);
- investment company Flemming Family & Partners (Great Britain);
- financial company AIG INC (USA);
- Private equity funds Pioneer Investments and The U.S. Russia Investment Fund (USA);
- global investment bank Merril Lynch & Co.
Mr. Petrov has a degree in medicine and economics, LPMI (1986), New York University
(1992), MBA from the University of Chicago (2000).
The participation of Alexei Petrov in the company’s activities will contribute to the
transparency of reporting, the observance of the interests of minority shareholders, the
growth of capitalization and the effective attraction of investments for the further
development of the company.
Also, the chief geologist of the company Sergey Grakhanov became a member of the
Board of Directors of ALMAR JSC. Information about all members of the Board of
Directors is posted on the company’s website on the Board of Directors page.
The company’s management has been reinforced by a new chief accountant, Tatiana
Soboleva. Ms. Soboleva has rich experience as a chief accountant in the mining and
marketing divisions of ALROSA (PJSC). Her competencies will strengthen ALMAR’s
financial reporting and planning management.
ITI Capital is an investment company with 20 years of experience in the Russian stock
market and a maximum reliability rating of AAA (HRA), the key activity is the brokerage
business. ITI Capital is a professional participant in the securities market, a leading
participant in the trading of the Moscow Exchange.