Novolipetsk Steel appointed Shamil Kurmashov as CFO, effective November 15, 2018. He will be in charge of coordinating the work of financial departments across all NLMK Group companies, supporting the execution of the new strategic cycle of the Group leading up to 2022, and driving the efficiency of business processes in their economic and financial aspects, including the implementation of digital technologies. Prior to joining the company, he was Deputy CEO for Commerce and Finance at Aeroflot, Deputy CEO for Finance & Investment at Sistema Joint-Stock Financial Corporation, where he was also in charge of the Group’s investment activities, and held executive positions at Nornickel and Wimm Bill Dann. He has experience in the development and execution of financial strategies and process optimization in economics and finance.