Executive Directors

Mr Peter Hambro

Chairman

Mr Hambro is a founding shareholder of the Company and has been Chairman of the Group since its formation in 1994. He is non-executive chairman of Sundeala Limited and a member of the Board of several family companies. Mr Hambro started his banking career with his family bank, became Joint Managing Director of Smith St. Aubyn Holdings Limited before joining the Mocatta Group as Deputy Managing Director of Mocatta & Goldsmid Limited and Group Marketing Director.

 

Mr Sergei Ermolenko

Chief Executive Officer 

Mr Ermolenko was appointed Chief Executive Officer following the resignation of Senator Maslovskiy in December 2011. Mr. Ermolenko has held top managerial positions with the Group since its inception in 1994. In his previous capacity as Director of Pokrovskiy Rudnik, he was responsible for bringing the Pokrovskiy mine into production. He was appointed General Director of Management Company Petropavlovsk in 2004, and in this capacity has led the expansion of the Group into a multi-mine operator. Mr. Ermolenko began his mining career in 1974 as an underground miner and shift boss in the Tokur mine, Amur region, working his way up to Head of Operations for the Tokur Mine.

 

Mr Martin Smith

Deputy Chief Executive Officer

Mr Smith was appointed Deputy Chief Executive Officer in December 2011. Mr Smith, who is stationed at the Group’s Far East head office in Blagoveschensk, has been with the Group since 1994, when he joined the management team on secondment from Kier International.  In 2006, he joined Aricom PLC as a Technical Director and, following Aricom’s merger with the Group in 2009, Mr Smith became Group Head of Technical Services and was appointed Technical Director in January 2011. Mr Smith has over 30 years’ experience in the global natural resources industry, commencing  his career as a mining engineer at Anglo American Corporation,  South Africa and later leading  projects for Kier International, Costain Mining and Shell International.

 

Mr Brian Egan

Chief Financial Officer

Mr Egan is Chief Financial Officer of the Company having previously been CFO of Aricom plc, which he joined in July 2007. Prior to joining Aricom, he was Chief Financial Officer of Gloria-Jeans Corporation, a leading Russian apparel manufacturer and retailer. He has more than 16 years’ experience in senior financial roles with Associated British Foods Plc, Georgia-Pacific Ireland Limited and Coca-Cola HBC. He is a member of the Institute of Chartered Accountants in Ireland.

 

Mr Andrey Maruta

Finance Director, Russia

Mr Maruta was appointed Finance Director, Russia, in January 2011. Mr Maruta qualified as a Chartered Certified Accountant at Moore Stephens in 2001 and joined the Group in 2003 as Group Chief Accountant. He was appointed Deputy Finance Director in 2005 and Finance Director in 2006 before the merger with Aricom plc in 2009.

 

Dr Alfiya Samokhvalova

Strategic Director

Dr Samokhvalova was appointed to the Board as Strategic Director in January 2011. In addition to this role, she heads the Group’s communications department, a position she has held since 2002. Dr Samokhvalova holds a Masters in Investment Management from CASS Business School, London and a PhD in Economics from the Moscow International High Business School. In addition to her roles at Petropavlovsk PLC, Dr Samokhvalova is a Non-Executive Director of the Russo-British Chamber of Commerce.