Sergey Ivanov, CEO of Alrosa and a target of US sanctions, is stepping down from his position at the Russian miner, according to a local news outlet.
The executive has decided to resign before the termination of his contract, according to a Google-translated version of an RBC article. He might move into a role at Volga Group, which controls gas and petrochemical assets, the report added, citing an unnamed source.
An Alrosa spokesperson declined to comment to Rapaport News on Sunday [December 4].
