MOVES: Russia's SIBUR appoints Pavel Malyi as CFO

14 March 2013 10:14  [Source: ICIS news]

LONDON (ICIS)--SIBUR has appointed Pavel Malyi, member of the board of directors and chairman of the finance committee, as CFO of the company, the Russia-based petrochemical producer said on Thursday.

Current CFO, Alexey Philippovskiy is stepping down to pursue other interests and will leave SIBUR in June 2013, the company added.

Until his departure, Philippovskiy will retain his position as deputy chairman of the management board and CFO of SIBUR.

During this period Malyi and Philippovskiy will work together to ensure a smooth transition, SIBUR said.

By: Franco Capaldo
+44 (0)20 8652 3214

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