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ALROSA CEO Ivanov Elected Head Of Russia-Angola Business Council

Sergey Ivanov

ALROSA CEO Sergey Ivanov, who was renominated to the company’s supervisory board, was also elected Chairman of the newly formed Russia-Angola Business Council. Ivanov noted that the formation of the council was an indication of Russia’s intention to strengthen business ties in Africa.

“The creation of the Russia-Angola Business Council is a confirmation of Russian business intentions to grow stronger on the African continent, including in Angola. We will be engaged in the development of a constructive dialogue at all levels so that Russia can take a worthy place in this market,” Ivanov said in a press statement.

According to an ALROSA press release, the main tasks of the new council include the development of business contacts, the promotion of Russian business in the Angolan market and attraction of the Angolan business to Russia. The body will also cooperate with relevant ministries and departments of Russia and Angola, and participate in inter-governmental commission meetings on trade and economic, scientific and technical cooperation.

The first task of the new council, according to the release, will be the organisation of the Russian-Angolan business forum, timed to coincide with the visit of Angolan President João Lourenço to Moscow in early April.

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