PhosAgro Appoints Alexander Sharabaika as CFO
Moscow - PhosAgro (MICEX, RTS, LSE: PHOR) ("the Company), a
leading global vertically integrated phosphate-based
fertilizer producer, announces the appointment of Alexander
Sharabaika to the position of CFO of PhosAgro AG.
Roman Osipov, who previously held this position, has been
named deputy CEO for business development of PhosAgro AG
and will focus on implementation of the Company's strategic
projects.
Prior to joining PhosAgro, Alexander Sharabaika worked as
head of Corporate Finance at Uralkali, where his
responsibilities included regular participation in the
company's investor relations activities. Prior to the
merger of Uralkali and Silvinit, Alexander was the CFO and
a consultant to the Supervisory Board of Silvinit.
From 2005 to 2010, he worked first as Head of Corporate
Finance and then as CFO of Mineral Group. Alexander
began his career in Belaruskali in 1998, and from 2003 to
2005 he was the deputy head of the Investment Department at
Silvinit. He received a Bachelors of Economics with
honours from the Belorussian Economic University, and
completed an MBA in Finance from Nottingham University
Business School.
PhosAgro CEO Maxim Volkov said: "We have ambitious goals
aimed at developing PhosAgro and increasing value for our
shareholders, and we are confident that Alexander
Sharabaika's excellent qualifications, combined with his
years of experience in the mineral fertilizer industry,
will help him make a strong contribution to achieving these
goals. We also plan for Alexander to take an active
role in PhosAgro's investor relations activities.
"We highly value Roman Osipov's contribution to PhosAgro's
growth, including his participation in the preparation and
execution of our successful IPO on the LSE in 2011.
Roman played an important role in a number of projects
aimed at supporting PhosAgro's growth and compliance with
international best practice. We believe that his
appointment to the position of deputy CEO for business
development will continue to support PhosAgro shareholder
value.
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