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Alrosa lines up Pavel Marinychev as Potential CEO

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Alrosa is poised to appoint Pavel Marinychev as its new CEO following the resignation of Sergey Ivanov.

The Russian miner’s supervisory board will “soon” consider Marinychev for the role, which also involves being chairman, the company said in a statement Monday. His candidacy has received backing from senior executives, according to Ivanov. Russian news service Interfax cited an anonymous source saying the matter “can be considered decided.”

Since 2016, Marinychev has led Alrosa subsidiary Almazy Anabara, a mining division that produces the bulk of the group’s colored diamonds. Before that, he spent more than six years as first deputy chairman for the regional government of Yakutia, where many Alrosa mines are located.

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