Rus News Journal

The judge and eks - the minister from Hong Kong

will enter into board of directors UC Rusal

While the committee of a stock exchange of Hong Kong continues to consider demand UC Rusal for listing reception, the company hastens to get support of local business. Today Rusal declared that the company board of directors will include two independent directors from Hong Kong - Elsi Ljung and Barry Chjung.

New directors Rusal - known enough and authoritative persons in Hong Kong. So, madam Ljung before reunion of Hong Kong and China participated in preparation of this procedure, and then with 1997 for 2005 held a post of the Minister of Justice and was a member of Executive council of the government of Hong Kong. Since 2006 it is the assistant to the head of the Constitutional committee of Hong Kong.

Barry Chjung, the world judge, is the chairman of the Hong Kong commodity exchange and the head of council of the Hong Kong agency of city development. Earlier it held a post of the chairman of advisory committee on fight against corruption of the Independent anticorruption commission of Hong Kong.

at Rusal long-term and strategic interest to the markets of China and all Asian region. Therefore we have been interested in attraction of independent directors which would possess kompetentsijami and the knowledge necessary for development of our business in Asia - general director Rusal Oleg Deripaska has noted.

Naznachenie Elsi Ljung has already come into force, and Barry Chjung will be a part of board of directors on the eve of planned UC Rusal IPO, is told in the company message. Now at Rusal three independent directors. G - zha Ljung will replace Sajmona Thompson, and g - n Chjung becomes the fourth independent director in council.

UC Rusal will be the first domestic emitter who will spend placing of actions at the Hong Kong stock exchange, and new naznachentsy - the first independent directors from Hong Kong in the Russian companies.

At the same time attraction as independent directors of status western businessmen and eks - politicians - widespread enough practice at the largest Russian companies. So, the board of directors of the Trumpet metallurgical company this year included Thomas Pikering - the former ambassador of the USA in Russia. eks - German chancellor Gerhard Schroder helps to Gazprom heading building of the North European gas pipeline (Nord Stream AG). One of councillors of directors Russian - the British multinational corporation - BP is the former secretary general of the NATO and the Minister of Defence of Great Britain lord Robertson Port - Ellensky. And the board of directors most Rusal included till now Sajmon Thompson who with 2005 for 2007 held a post of the director of company AngloAmerican.