Alrosa Officially Appoints Youngest CEO in Its History

SourcingMar 14, 2017

Alrosa Officially Appoints Youngest CEO in Its History

Sergey S. Ivanov Jr. is 36 and he is the son of a man who was a high-ranking official in the Kremlin.

At age 36, Sergey S. Ivanov Jr. is the youngest individual to ever head state-run diamond mining company Alrosa. He is the son of Sergey S. Ivanov Sr., a man who has held high-ranking positions within the Russian government.

Moscow--The supervisory board of state-run Russian diamond miner Alrosa has approved 36-year-old Sergey Ivanov Jr. as the company’s new CEO.

He replaces Andrey Zharkov, who left before his contract expired and reportedly had been feuding with Russia’s finance ministry over the company’s budget.

Ivanov is the youngest CEO in the history of the company, an Alrosa spokesperson confirmed to National Jeweler, and, according to Reuters, is the son of Sergei Ivanov Sr., who was a high-ranking official in the Russian government.

Ivanov was born Oct. 23, 1980, in Moscow.

He graduated from the Moscow State Institute of International Relations in 2001 with a degree in economics, adding a degree in finance and credit the following year.

From 2002 to 2015, Ivanov held various positions in Russia’s State Investment Company and OAO Gazprom, which extracts and sells natural gas.

He served as vice president, first vice president, deputy chairman of the board of JSC Gazprombank from 2005 to 2011 and was chairman of the board of Sogaz, a corporate insurance company, from 2011 to April 2016.

The last position Ivanov held before being tapped to head Alrosa was senior vice president and head of Welfare Management at PJSC Sberbank, Russia’s largest lender.

He serves on the board of directors for a number of Russian companies and is fluent in three languages, Russian, German and English.

Michelle Graffis the editor-in-chief at National Jeweler, directing the publication’s coverage both online and in print.

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