Moscow--Fyodor Andreev, who was president of Alrosa from 2009 until he left this past fall for medical reasons, died Friday. He was 48. 

Born Aug. 16, 1966 in the Russian city of Voronezh, Andreev graduated from Leningrad State University with a diploma in political economy in 1989.

He joined state-run diamond mining company Alrosa in 2002 and worked as a vice president in charge of finance and economics for a year.

He left the company in 2003 and joined OAO RZhD (Russian Railways) before returning to Alrosa as president in 2009. In September, after six years in the position, Andreev stepped down citing health issues.

Alrosa management posted a statement on its website sharing news of Andreev’s death and expressing its condolences for his family on behalf of all employees. Funeral services are set to take place today at the Central Clinical Hospital in Moscow.

On Monday, the World Federation of Diamond Bourses issued a statement expressing its condolences as well, noting that Andreev would be missed but remembered for his contributions to the industry worldwide.

“We knew that Mr. Andreev had been sick for the past several months and was receiving treatment, but it came as a shock to hear of his death, especially at such an early age. On behalf of the WFDB, I would like to pass on our sincere condolences to Mr. Andreev’s family,” President Ernest Blom said.


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