OREANDA-NEWS. Severstal has announced the following management and structural changes to enhance the company’s efficiency and competitiveness, effective from 1 January 2016.

Vladimir Zaluzhsky has been appointed Head of Communications and Investor Relations, a new department which consolidates Severstal’s PR, IR and Internal Communications functions. In this role he will report to Alexey Egorov, Senior Vice President of Communications and Government Relations. Elena Kovaleva, former Head of Communications, is stepping down and leaving Severstal to pursue other interests. According to these changes, Severstal’s IR and communications functions will form one combined department.

Vadim Larin, CEO of Severstal, said: “This structural optimization will enhance Severstal’s management system by improving performance and reducing administrative costs. I believe that we are now better structured to benefit from synergies that will boost our PR and IR efficiency.” 

Vladimir Zaluzhsky

Vladimir Zaluzhsky joined Severstal in 2010 and was previously Head of Severstal’s IR department. Prior to joining the company, he held the position of Head of Communications and IR at Scandinavian private equity fund ‘Mint Capital’. From 2003 to 2006 Vladimir was Deputy Head of Communications at Mechel mining company. From 2001 to 2003 he was Head of PR for communications agency ‘Business League’.

Vladimir graduated from Moscow Linguistic University and Finance Academy in Russia. In 2013 he completed his Strategic Investment Management studies in London Business School.