Board of Directors

Key Board Members and Corporate Managers

Siman Povarenkin

Founder and shareholder of GeoProMining Group of Companies

Chairman of the Board of Directors of GeoProMining Group

Siman Povarenkin is a Russian entrepreneur with investments in metals & mining, geophysics and medical and health technology in the CIS, Asia, Europe and Latin America. Mr Povarenkin has over 15 years of corporate management experience in banking and industrial sectors.

One of Mr. Povarenkin’s substantial investments is in GeoProMining, a mining group with a diversified base of gold and other metals assets in Russia and Armenia.

Mr. Povarenkin was Chairman of the Board of Directors for Industrial Investors Group (2001-2007), FESCO (2002-2008), National Container Company (2005-2008) and Vladivostok Maritime Trading Port (2006-2008).

Mr. Povarenkin is a Member of the Business Council of the Russian Ambassador to the UK.

Igor Lojevsky

Independent Director

Vice Chairman of Asset & Wealth Management, and Corporate Banking & Securities Divisions of Deutsche Bank Eastern Europe

Igor Lojevsky was born on 25 March 1957 in Omsk.

Igor did a degree in Computer Science at Omsk Polytechnical Institute (1975-1979) and then did postgraduate studies at Siberian Automobile and Road Institute. He holds an MBA degree from the University of Massachusetts at Boston (1994).

Igor is Vice Chairman of Asset & Wealth Management, and Corporate Banking & Securities Divisions of Deutsche Bank Eastern Europe. Until recently he was Chief Country Officer, Russia and CIS at Deutsche Bank.

He joined Deutsche Bank in August 2008 from Dresdner Bank where he was Chairman of Global Banking and Capital Markets for Russia and CIS. Formerly, Igor was with Deutsche Bank as Head of Sales and Origination for Russia and the CIS with Deutsche Bank in London (2005-2007) and worked in Deutsche’s Corporate Finance team in London covering energy related clients in the Russian market (2001-2003).

In addition, Igor has been Co-Head of Investment Banking for Vneshtorgbank in Moscow (2003-2005) and has worked at the World Bank in Washington (1998-2000) covering issues on introducing energy policy in Europe and Central Asia.

Igor Lojevsky is a member of the Board of Directors of Russian Railways Corporation.

Vyacheslav Pivovarov

Member of the Board of Directors of GeoProMining Group

Viatcheslav Pivovarov, Altera Capital, CEO, Member of Board of Directors of Rushydro.

Viatcheslav has 15 years of investment and financial experience with leading international institutions.

Prior to co-founding Altera Capital in September 2010, Viatcheslav was Advisor to the Minister of Economic Development of Russia focusing on diversification and growth initiatives, including the Russian Direct Investment Fund.

Viatcheslav moved to Russia from Citigroup in New York where he was Managing Director. Prior to Citi he was Partner at Old Lane, a hedge fund sold to Citi, where he ran $1bn in global investments. He transitioned from Third Point, a New York hedge fund, where he was Portfolio Manager investing $500mn in emerging markets, named Partner in 2006.

Earlier he was Investment Analyst at Relational Investors in San Diego and at Everest Capital in Miami. Before moving to the US he worked at the CCSH Rothschild group and AXA in Paris.

Viatcheslav holds a Stanford MBA, MA with high honors in International Economics from the State Management University, and BS from the American University of Paris. He is a CFA charterholder.