Executive bodies
The President and the Management Board are Nornickel’s executive bodies in charge of day-to-day operations. They ensure:
- implementation of resolutions passed by the Board of Directors and the General Meeting of Shareholders
- implementation of Nornickel’s key plans and programmes
- continuous operation of an effective risk management and internal control system (RMICS).
President
The President is Nornickel’s sole executive body in charge of day-to-day operations. The President is elected by the General Meeting of Shareholders for an indefinite term and acts as Chairman of the Management Board.
The President reports to the Board of Directors and the General Meeting of Shareholders. Since 2015, this position has been held by Vladimir Potanin (Nornickel’s CEO in 2012–2015).
Management Board
The Management Board is a collective executive body in charge of Nornickel’s day-to-day operations within its scope of authority as set out in the Articles of Association; it ensures the implementation of resolutions passed by the General Meeting of Shareholders and the Board of Directors.
Members of the Management Board are elected by the Board of Directors for an indefinite term. The Board of Directors may at any time terminate the office and contract of any member of the Management Board.
The Management Board had 10 members at the start of 2022, according to the composition approved by the Board of Directors on 28 October 2021. The composition of the Company’s Management Board changed twice during the reporting year:
- On 14 April 2022, the Board of Directors resolved to elect Anton Berlin to the Company’s Management Board effective 14 April 2022 and to establish an 11-member Management Board as from 14 April 2022
- On 1 June 2022, the Board of Directors resolved to terminate the office of Andrey Bougrov, member of the Company’s Management Board, and to establish a 10-member Management Board as from 2 June 2022.
In 2022, the Management Board held 21 meetings (all in absentia).
During 2022, the Management Board decided to change the composition of the Energy and Trans-Baikal Divisions; passed resolutions regarding the Company’s branch directors and amendments to their employment contracts; reviewed the Company’s capital-raising, guarantee and surety transactions; approved the scope of internal control system self-evaluation for 2022; and reviewed matters related to the progress of the Environmental and Climate Change Strategy.
Biographical details of members of the Management BoardPositions are indicated as at 2022-end.
For more detailed biographies of members of the Management Board, please see the website. Biographical details of previous members of the Management Board are available in the 2021 Annual Report.
In the reporting year, Sergey Stepanov and Anton Berlin held shares in MMC Norilsk Nickel (0.002% of the authorised capital each).
Chairman of the Management Board since 2012
President of the Company since 2015 (CEO in 2012–2015)
Born in: 1961
Nationality: Russian Federation
Education
Degree in International Economics, Moscow State Institute of International Relations (MGIMO University)
Experience in the last five years
since 2022: member of the management board of the Russian Ice Hockey Federation
since 2021: member of the board of trustees of the Football Union of Russia
2020–2022: chairman of the board of trustees of the Vladimir Potanin Foundation
since 2020: member of the board of trustees of the ROZA Club for Sport Development and Support
since 2018: member of the board of trustees of the Russian–American Council for Business Cooperation trade association; member of the board of trustees of the Fund for the Conservation and Development of the Solovetsky Archipelago
since 2017: chairman of the supervisory board of the Norilsk Development Agency autonomous non-profit organisation
since 2016: member of the board of the Endowment Fund for Education and Culture, chairman of the board of trustees of the Night Hockey League non-profit amateur hockey foundation
2014–2019: chairman of the board of trustees of the ROZA Club for Sport Development and Support
since 2011: member of the board of trustees of the State Hermitage Museum Endowment Fund non-profit organisation; member of the board of trustees of the Moscow Church Construction Foundation
since 2010: member of the board of trustees of the Russian Geographical Society all-Russian non-governmental organisation
since 2009: deputy chairman of the board of trustees of the Russian International Olympic University
since 2007: member of the board of trustees of Saint Petersburg State University, deputy chairman of the board of trustees of the MGIMO University Endowment Fund
since 2006: deputy chairman of the board of trustees of the MGIMO University Endowment Fund, member of the board of trustees and member of the management board of the Graduate School of Management at Saint Petersburg State University, member of the bureau of the board of the Russian Union of Industrialists and Entrepreneurs (RSPP)
since 2005: member of the board of trustees, member of the board of the Russian Olympians Foundation non-profit charitable organisation
since 2004: chairman, member of the presidium of the National Council on Corporate Governance non-profit partnership
since 2003: chairman of the board of trustees of the State Hermitage Museum
2001-2022: member of the board of trustees of the Solomon R. Guggenheim Foundation (New York)
since 2000: member of the bureau of the board, member of the management board of the RSPP
since 1995: member of the presidium of the International Foundation for the Unity of Orthodox Christian Nations
Member of the Management Board since 2022
Born in: 1973
Nationality: Russian Federation
Education
Faculty of Radio Electronic Equipment, Systems Engineer – Administrator of Production, 1996; postgraduate degree, 1999, MATI – Russian State Technological University named after K. E. Tsiolkovsky
Experience in the last five years
since 2008: positions at Nornickel: Director of the Marketing Department (2008-2019), Vice President – Head of Sales and Commerce (since 2019)
Member of the Management Board since 2018
Born in: 1978
Nationality: Russian Federation
Education
Public Relations Specialist with Foreign Language Skills, Moscow State Institute of International Relations (MGIMO University)
Experience in the last five years
since 2021: member of the boards of directors of MPI Nickel Pty Ltd, Norilsk Nickel Africa Pty Ltd and Norilsk Nickel Mauritius, member of the Executive Committee of Nkomati
since 2013: positions at Nornickel: Director of the Strategic Planning Department (2013–2016), Vice President for Strategic Planning (2016–2019), member of the Management Board (since 2018), Vice President – Head of Strategy and Strategic Projects (2019–2020), Senior Vice President – Head of Strategy and Strategic Projects, Logistics and Procurement (since 2020)
Member of the Management Board since 2013
Senior Vice President – Head of HR, Social Policy and Public Relations since 2016
Born in: 1969
Nationality: Russian Federation
Education
Journalist, Literature Editor at a Newspaper, Lomonosov Moscow State University, 1991
Experience in the last five years
since 2020: chairwoman of the management boards of the Second School centre for community initiatives in the Pechenegsky District and the Monchegorsk Development Agency
since 2019: member of the councils of the endowment funds for the replenishment of the Tretyakov Gallery’s collection and development of its small museums at the State Tretyakov Gallery Foundation
since 2017: chairwoman of the management board and member of the supervisory board of the Norilsk Development Agency autonomous non-profit organisation
since 2016: chairwoman of the board of trustees of the Endowment Fund for Education and Culture
2015-2020: member of the board of trustees of the Russian Academy of Education
2015-2022: member of the board of trustees of the Hermitage Foundation UK
since 2014: chairwoman of the board of the Vladimir Potanin Foundation
2011–2020: member of the board of directors of Rosa Khutor Ski Resort Development Company
since 2011: chairwoman of the management board of the State Hermitage Museum Endowment Fund
since 2013: positions at Nornickel: member of the Board of Directors (2011-2013), Deputy CEO of Social Policy and Public Relations (2013-2015), Vice President – Head of HR, Social Policy and Public Relations (2015-2016), Senior Vice President – Head of HR, Social Policy and Public Relations (since 2016)
since 2009: member of the board of trustees of the Pavlovsk Gymnasium private autonomous non-profit organisation
since 2007: member of the presidium of the MGIMO University Endowment Fund
Member of the Management Board since 2016
Member of the Board of Directors since 2010
Born in: 1976
Nationality: Russian Federation
Education
Bachelor in Law, 1998; Master in Law (with distinction), 2000, Peoples’ Friendship University of Russia
Experience in the last five years
since 2015: First Vice President – Head of Corporate Governance, Asset Management and Legal Affairs of Nornickel
Member of the Management Board since 2013
Born in: 1969
Nationality: Russian Federation
Education
Degree in Machines and Devices for the Textile and Light Industries, Mechanical Engineer, Kosygin State University of Russia
Degree in Public and Municipal Administration, Economist, Institute of Advanced Training at the Russian Presidential Academy of National Economy and Public Administration
Finance Academy under the Government of the Russian Federation, Public and Municipal Administration retraining programme, with the State Attestation Commission certifying the right (compliance with qualification requirements) to carry out professional activities related to public and municipal administration
Experience in the last five years
since 2013: positions at Nornickel:), Deputy CEO – Head of Economics and Finance (2013–2015), Vice President – Head of Economics and Finance (2015–2016), Senior Vice President – Chief Financial Officer (since 2016)
Member of the Management Board since 2013
Born in: 1961
Nationality: Russian Federation
Education
Degree in Chemical Machine and Fixture Building, Mechanical Engineer, Moscow
Chemical Machine Building Institute; postgraduate degree in Economics and Production Management, Bauman Moscow State Technical University
Experience in the last five years
since 2013: positions at Nornickel: Director of the Internal Control Department (2013–2015), Vice President – Head of Internal Audit (2015–2016), Vice President – Head of Internal Control and Risk Management (since 2016)
Member of the Management Board since 2014
Born in: 1972
Nationality: Russian Federation
Education
Degree in Psychology, Psychologist, Psychology Teacher, Moscow Pedagogical State University
Experience in the last five years
since 2013: positions at Nornickel: Chief of Staff (2013-2015), Vice President – Chief of Staff (since 2015)
Member of the Management Board since 2021
Born in: 1977
Nationality: Russian Federation
Education
Lomonosov Moscow State University: 1998: Bachelor in Economics (with distinction) 2000: Master in Economics (with distinction)
Experience in the last five years
since 2022: member of the board of directors of Polar Lithium
2020–2021: CEO of VSMPO-AVISMA Corporation
2014–2020: CEO of Raspadskaya
2012–2020: vice president, head of Evraz’s Coal Division
since 2021: Senior Vice President – Operational Director of Nornickel
Member of the Management Board since 2021
Born in: 1978
Nationality: Russian Federation
Education
Degree in Economics and Enterprise Management, Economist/Manager, Bauman Moscow State Technical University, 2001
PhD in Economics, Moscow Power Engineering Institute (Technical University), 2003
Experience in the last five years
2018–2020: member of the board of directors, Advisor to the CEO of TRUST SM
since 2018: member of the board of directors of Unitile Holding
since 2017: member of the board of directors, Advisor to the CEO of Rosvodokanal Management Company
since 2021: Vice President for Energy of Nornickel
Corporate Secretary
The role of the Corporate Secretary is to ensure compliance with the procedures for the protection of shareholder rights and legitimate interests, as prescribed by applicable laws and Nornickel’s internal documents, and to monitor such compliance. According to the Company’s Articles of Association, the Corporate Secretary is appointed by the Board of Directors for a three-year term. The Board of Directors may terminate the office of the Corporate Secretary before the end of the term.
The Corporate Secretary’s key functions:
- Involvement in preparing and holding the General Meeting of Shareholders;
- Preparing and holding meetings of the Board of Directors and its committees;
- Contributing to the improvement of Nornickel’s corporate governance framework and practice;
- Managing the activities of the Secretariat;
- Other functions in accordance with Nornickel’s internal documents.
The Corporate Secretary reports administratively to the President and is accountable to the Board of Directors.
At present, Pavel Platov is Nornickel’s Corporate Secretary. In December 2021, the Board of Directors extended Pavel Platov’s term as Corporate Secretary by another three years.
Corporate Secretary since 2011
Born in: 1975
Nationality: Russian Federation
In the reporting year, he held no shares in MMC Norilsk Nickel and made no transactions with them.
Education
Linguistics University of Nizhny Novgorod
Academy of National Economy under the Government of the Russian Federation
Experience in the last five years
since 2017: Corporate Secretary of MMC Norilsk Nickel (2011–2017: Company Secretary)