Ferrexpo mining group with assets in Ukraine has appointed Natalia Polischuk, a member of the advisory board of the Dobrobut network of private medical clinics in Ukraine, as independent non-executive director to the Group’s Board of Directors.
According to the company’s press release on Thursday, Polischuk is an economist based in Kyiv, Ukraine, with over 25 years of experience working in the finance sector in both Ukraine and more widely in Eastern Europe, with a number of senior roles at private equity funds in the region, as well as directorships.
Most recently, Polischuk spent seven years heading up the Ukraine office of Advent International, a global private equity firm, developing transactions for the firm’s $1 billion fund focused on Central and Eastern Europe.
Since 2018, Polischuk has served on the Advisory Board of Dobrobut (Ukraine), a private healthcare clinic network provider in Ukraine, and until 2020 she was also a board member and treasurer of Lycée Français Anne de Kyiv, a public co-educational international day school in Kyiv. In recent years, Polischuk has acted as an independent advisor on a number of M&A and due diligence projects in Ukraine.
Polischuk holds a Masters in Business Administration (MBA) from Harvard Business School, Boston, and a Bachelor of Arts degree in Economics from the University of Kyiv-Mohyla Academy, Kyiv (Ukraine).
Chair of Ferrexpo Lucio Genovese pointed to Polischuk’s rich financial experience, as well as a strong understanding of the business landscape within Ukraine.
“Following the appointment of Polischuk, the Group’s Board will comprise eight directors, three of which are female, with this appointment also increasing the Group’s number of independent directors to five,” Genovese said.
Ferrexpo is an iron ore company with assets in Ukraine. According to the company’s presentation, as of October 31, 2020, Fevamotinico S.a.r.l., controlled by Kostiantyn Zhevaho, owns 50% of Ferrexpo, BlackRock holds 4%, Schroders – 4%, Acadian – 3% and M&G also 3%.
Ferrexpo owns 100% of shares in Poltava Mining, 100% in Yeristovo Mining and 99.9% in Belanovo Mining.
