Trans-Siberian Gold plc (TSG.LN), a low cost, high grade gold producer in Russia, is pleased to announce the appointment of Sergey Kryazhevskih as Chief Financial Officer, with immediate effect. The composition of the Board is unchanged.
Mr Kryazhevskih has over fifteen years of experience in the mining industry, most recently serving as Chief Financial Officer of JSC Pavlik, a Russian top 10 gold producer operating in Russia’s Far East. During his tenure at Pavlik, the Company successfully restructured its financial obligations in the amount of US$ 750 million. Prior to this, Sergey held senior positions at Atomredmetzoloto and Evraz, a FTSE 100 company, responsible for leading budgeting, investment planning and financial control.
Sergey has extensive experience in managing investor, community and senior government relations in Russia’s Far East.
Mr Kryazhevskih graduated from the Moscow State University (MSU) with a degree in Economics and holds a Masters degree from MSU in Management, majoring in accounting, financial analysis and audit.
Alexander Dorogov, Chief Executive Officer of TSG, commented:
“We are extremely pleased to welcome Sergey as TSG’s Chief Financial Officer and look forward to working with him during the next phases of the Company’s growth. Sergey brings a wealth of valuable experience and insights gained in Russia’s leading mining companies and will enhance the efficient implementation of our strategic plans to become a premier mid-tier gold producer.
I am confident that this appointment will further strengthen our tradition of prudent financial management, enabling us to continue delivering maximum shareholder returns.”