On October 26, the Board of Directors of ALMAR – Diamonds of the Arctic Public Joint Stock Company held a meeting, the main agenda of which was the creation of Committees of the Board of Directors of the Company, the appointment of their chairmen and members, as well as the definition of priority areas of the Company’s activities.
Following the results of the voting of the Board of Directors of the Company, the following decisions were made:
- 1. To elect Lyudmila Nikolaeva as the Chairman of the Board of Directors of PJSC ALMAR.
- 2. Create a strategic planning committee. Its tasks will be to determine the strategic goals and directions of the company’s development, as well as assistance in achieving them. The members of the Strategic planning committee were CEO Andrey Karkhu, Independent Director Anna Bamburova and Commercial Director Andrey Novikov. Andrey Novikov was elected Chairman of the Committee.
- 3. To establish an audit committee, whose main task is to monitor the financial and economic activities of the Company in the field of accounting (financial) reporting, internal and external audit, risk management, internal control and corporate governance, as well as countering the unfair actions of third parties. The members of the audit committee were independent directors Anna Bamburova and Sevinch Ipatova, as well as Commercial Director Andrey Novikov, who is also the managing partner of Polarctic Capital LLC, the qualifying agent of the St. Petersburg Stock Exchange. Chairman – Anna Bamburova.
- 4. Create a human resources and remuneration committee of the Board of Directors. The main tasks are to review and prepare recommendations on personnel policy issues, develop principles and criteria for determining the amount of remuneration of members of the Company’s Board of Directors. As a result of the vote, the committee’s participants were the creator of ALMAR Pavel Andreev, CEO Andrey Karkhu and Lyudmila Nikolaeva. Pavel Andreev was elected Chairman of the Committee.