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Rusal appoints independent director as new board chairman

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Russian aluminium company Rusal said on Friday it has appointed independent non-executive director Jean-Pierre Thomas as its new chairman as part of an agreed restructuring in exchange for the lifting of US sanctions.

 

The previous chairman, Matthias Warnig, stepped down earlier this week after six years at the world's largest aluminium producer outside China. His resignation was a condition of the deal.

 

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