Polymetal announced several new appointments to its board of non-executive directors on Friday morning.
The news follows the resignation of six independent board members from the Polymetal board on 7 March, following which, the company announced its intention to appoint new directors to the company.
The new appointments took effect on 17 March 2022 and brought the Polymetal board to seven members, five of which are currently non-executive.
The new directors include Janat Berdalina, a former managing partner and president of KPMG in Kazakhstan and Central Asia and Steven Dashevsky, CEO of UK management company D&P Advisors.
Polymetal has also hired Evgueni Konovalenko, managing director at Renaissance Capital, and Paul J. Ostling, former global executive partner and global COO at E&Y.
The news follows the announcement of Polymetal’s suspension from the FTSE 100, which is scheduled to take effect on 21 March 2022.
The move comes after the Russian invasion of Ukraine saw the company’s operations in Russia suspended and its shares take on an intensive volatility in the market.
