About us

Board of Directors

The Board of Directors is composed of nine members, including four independent directors, with the Chairman being an independent director.

Edward Dowling, Kent Potter, William Champion and Maria Gordon were recognized as complying with independence criteria by resolution of the Board of Directors of PJSC Polyus (date of the Board meeting 14 December 2021, Minutes of Meeting No 15-21/СД dated 14 December 2021) with the wording as follows: «To confirm that members of the PJSC Polyus Board of Directors Maria Gordon, Edward Dowling, Kent Potter and William Champion comply with directors’ independency criteria stipulated by the Charter of PJSC Polyus and the Listing Rules of the Moscow Exchange ».

PJSC Polyus on a regular basis analyzes the compliance of the independent members of the Board of Directors with independency criteria.

Edward Dowling

Independent Director

Chairman of the Strategy Committee
Member of the Audit Committee
Member of the Operations Committee
Member of the Nomination & Remuneration Committee 

Mr. Edward Dowling is a Board member at SSR Mining, a gold mining company with producing assets in North America, Turkey and Argentina, and Teck Resources Limited, Canada’s largest diversified mining company. He also serves as Chair of Copper Mountain Mining Corporation.

His mining experience spans 30 years and includes holding the positions of Executive Director for Mining and Exploration at De Beers, President and CEO of Meridian Gold Inc., Executive Vice President for Operations at Cliffs Natural Resources Inc., and President and CEO of Alacer Gold.

Mr. Dowling is a former Board member of De Beers Société Anonyme, Victoria Gold Corp, Polyus Gold International Limited, Zinco de Brasil Inc., Detour Gold Corporation, and Alacer Gold.

Mr. Dowling graduated from the Pennsylvania State University in 1982 with degrees in mining engineering and mining processing. He obtained his Master’s degree and PhD in mineral processing from the same university in 1987 and 1998, respectively.

Mr. Edward Dowling has been serving on the Board of PJSC Polyus since April 2016

Maria Gordon

Senior Independent Director

Chairman of the Nomination & Remuneration Committee
Member of the Strategy Committee
Member of the Audit Committee 

Ms. Maria Gordon currently serves as a Non-Executive Director of the Moscow Exchange (MOEX), as a Senior Independent Director and Chair of the Audit Committee of ALROSA, and as Board Chair and Independent Director at Detsky Mir.

She has over 20 years of experience in finance and capital markets. Ms. Gordon previously led the emerging markets portfolio management team at PIMCO, the world’s second largest asset manager, as Executive Vice President and Head of EME Strategy. 

Prior to PIMCO, Ms. Gordon spent 12 years at Goldman Sachs Asset Management, where she rose to Managing Director, Head of Emerging Markets Equity Strategy. During her time there, Ms. Gordon became a lead emerging markets portfolio manager with assets under management of USD10 billion. 

Ms. Gordon holds a Bachelor’s degree in Political Science from the University of Wisconsin and a Master’s degree in law and diplomacy from The Fletcher School of Law and Diplomacy at Tufts University. 

She has been serving on the Board of PJSC Polyus since December 2017.

Kent Potter

Independent Director

Chairman of the Audit Committee
Member of the Nomination & Remuneration Committee
Member of the Strategy Committee

Mr. Kent Potter's past experience includes board positions at Berry Petroleum, LLC, an independent publicly-traded energy company, where he was also Chairman of the Audit Committee, and Eurochem Group AG, the leading mineral fertilizer producer in Russia, as well as SUEK plc, Russia's largest coal producer and exporting company.

Prior to these appointments, Mr. Potter spent 27 years with Chevron, during which he held a number of senior management positions. In 2003, Mr. Potter was appointed CFO of TNK-BP. Following TNK-BP, he was appointed Vice President and CFO of LyondellBasell Industries.

Mr. Potter was awarded a Bachelor’s degree in Engineering and an MBA from the University of California, Berkeley.

He has been serving on the Board of PJSC Polyus since April 2016.

William Champion

Independent Director

Chairman of the Operations Committee
Member of the Audit Committee
Member of the Nomination & Remuneration Committee

Mr. William Champion serves on the Boards of Peabody Energy, the world's largest private coal producer, and Compañía de Minas Buenaventura S.A.A., the largest publicly traded precious metals company in Peru.

Mr. Champion has over 30 years of experience in mining. From 2002 to 2014, he was at Rio Tinto where he held a number of senior management positions. These included Managing Director of Rio Tinto’s Diamonds Business Unit and Managing Director of Rio Tinto Coal Australia.

Mr. Champion was awarded a Bachelor of Science in Chemical Engineering from the University of Arizona.

He has been serving on the Board of PJSC Polyus since April 2016

Said Kerimov

Member of the Strategy Committee

Said Kerimov is the majority shareholder of PJSC Polyus indirectly controlling above 76.336% in the company’s share capital.

He has been serving on the Board of PJSC Polyus since April 2016.

Sergei Nossoff

Mr. Sergei Nossoff currently serves as an Executive Director of Polyus Gold International Limited and Polyus Finance PLC. He has over 18 years experience in metals and mining, private equity and investment banking. His experience in the industry includes senior executive positions at GeoProMining Group, an international gold, copper and antimony producer and UC Rusal, a leading global aluminium producer.

Mr. Nossoff graduated from the European Business School and holds an Executive MBA from INSEAD.

He has been serving on the Board of PJSC Polyus since December 2017.

Pavel Grachev

Chief Executive Officer

Member of the Strategy Committee
Member of the Operations Committee

Pavel Grachev was appointed head of Polyus in 2013. Prior to joining the company, from 2010 to 2013, Mr. Grachev served as Chief Executive Office of the leading potash producer Uralkali and then of the Far East and Baikal Region Development Fund. Prior to this, from 1997 he held a number of executive positions in international investment and law firms.

In addition to participation in the Board of Polyus, Mr. Grachev is currently engaged as Independent Director on the Board of FGC UES (Federal Grid Company of Unified Energy System) and RusHydro, as well as Deputy Chair of the Board of Directors and Non-Executive Director of Detsky Mir. He has also previously served on the Boards of Uralkali, PIK Group (as Chair) and Polymetal.

Mr. Grachev graduated from the Saint Petersburg State University and the University of Trieste (Italy) with degrees in law.

He has been serving on the Board of PJSC Polyus since May 2015.

Vladimir Polin

Senior Vice President, Operations

Member of the Operations Committee

Mr. Vladimir Polin joined Polyus in August 2014. He has extensive managerial experience in the metals and mining sector. Prior to joining Polyus, Mr.Polin was Chief Operating Officer at En+, a leading Russian industrial group with assets in the metals, mining and energy sectors. Before that, for three years, he headed the East aluminium division at Rusal, the world’s leading aluminium producer. Prior to joining Rusal, Mr. Polin spent almost ten years at Mechel, a major coal and steel producer in Russia, in a variety of senior posts including Chief Executive Officer and Senior Vice President at Mechel Management.

Mr. Polin graduated from Chelyabinsk Polytechnic Institute with a degree in metallurgy.

He has been serving on the Board of PJSC Polyus since April 2016.

Mikhail Stiskin

Senior Vice President, Finance and Strategy

Member of the Strategy Committee

Mr. Mikhail Stiskin joined Polyus in 2013 following a highly successful career in investment banking. Mikhail was Managing director at Sberbank CIB (until 2011 known as Troika Dialog where Mikhail was also a partner), a corporate and investment banking arm of Sberbank, Russia’s largest financial institution, where Mikhail was in charge of research coverage of the metals and mining/fertilizer sectors. For many years in a row Mikhail’s team rated as best in the sector within both the CIS and EMEA regions, according to annual institutional investor surveys. Mikhail has also been actively involved in a number of landmark transactions in the sector.

Mr. Stiskin is a Non-Executive Director of Detsky Mir.

Mr. Stiskin graduated with honours from the Moscow State Institute of International Relations with a degree in economics and holds a master’s degree in economics from the University of Michigan (Ann Arbor).

He has been serving on the Board of PJSC Polyus since May 2014.