Moscow, March 1, 2021 — Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that in order to improve the management model and further develop the divisional structure, the company terminates the position of First Vice President — Operations Director.

Sergey Dyachenko, First Vice President, Chief Operating Officer, is leaving the company.

Three divisions will handle operational management separately — the Norilsk, Kola and Trans-Baikal divisions, which include the group’s enterprises performing production (mining, metallurgical) and support functions (energy support enterprises, service and repair companies, etc.).

The changes in the governance structure will be an important addition to the previous steps to increase the level of responsibility of the local managers, improve operational and investment efficiency, and strengthen the discipline of industrial safety and environmental risk management.

Nornickel announces changes in governance structure