Sergey Ivanov’s son may take charge of ALROSA

Sergey Ivanov’s son may take charge of ALROSA
Sergey Sergeevich Ivanov, Sberbank Vice President

The head of ALROSA Group of Diamond Mining Companies may soon be replaced, according to Bloomberg quoting informed sources.

The Public Company Head will soon be replaced, as reported by Bloomberg yesterday. Today Bloomberg reported that Sergey Ivanov, Sberbank of Russia Senior Vice President and the son of former Head of the Presidential Administration of the Russian Federation Sergey Ivanov, is the main contender. The RBK Informational Agency reported on that.

The Agency quoted two sources when saying that the government has not yet made a final decision. However, the son of the former Head of the Presidential Administration is the only contender for Andrey Zharkov’s position considered at the time being.

Sberbank and ALROSA spokespersons refused to comment on the situation.

Let us recall that, as previously reported Bloomberg’s sources, the government is discussing whether to assign Zharkov. Zharkov’s contract expires in 2018 and is not going to be renewed, as earlier reported by the Vedomosti Newspaper.

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