Sibur appoints Pavel Malyi as Chief Financial Officer

Sibur appoints Pavel Malyi as Chief Financial Officer

11:43 AM, 15th March 2013
Sibur appoints Pavel Malyi as Chief Financial Officer
Pavel Malyi, newly elected Chief Financial Officer, Sibur.

MOSCOW, RUSSIA: Sibur announced the appointment of Pavel Malyi, Member of the Board of Directors and Chairman of Finance Committee, as Chief Financial Officer (CFO) of the company. Alexey Philippovskiy, Deputy Chairman of the Management Board and current CFO, is stepping down and will leave the company in June 2013. Until his departure, Alexey Philippovskiy will retain his position as Deputy Chairman of the Management Board and CFO of Sibur.

“Alexey has made an important contribution to the development of Sibur’s financial function, supporting the company’s strong performance and our continuous efforts to enhance transparency and establish an open dialog with the investment community. We would like to thank him for more than eight years of service and wish him great success in his future undertakings,” said Dmitry Konov, CEO, Sibur.

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