Changes to the ERG Board of Directors
Eurasian Resources Group S.à r.l. (ERG) would like to announce the following changes to the composition of the Board of Directors, which are aimed at further developing and strengthening the Group in response to global challenges and fast-changing market conditions:
- Mr Shukhrat Ibragimov, a member of the Board since 2021, has been elected Chairman.
- Mr Sabir Chodiev is replacing Dr Patokh Chodiev.
- Mr Eduard Surlevich is replacing Dr Alexander Machkevitch.
- Representatives of the Government of the Republic of Kazakhstan – Deputy Prime Minister Mr Serik Zhumangarin and Minister of Finance Mr Madi Takiyev – continue in their roles as members of the Board.
The contribution of the Group’s founding shareholders, Dr Alexander Machkevitch and Dr Patokh Chodiev, as well as Mr Alijan Ibragimov, to the work of ERG’s Board of Directors, cannot be overstated. The large-scale business transformation launched in 2014 has enabled ERG to become a global leader, setting new standards for the industry. The Group has created tens of thousands of new jobs in countries in which it operates, implementing a range of social projects to improve the standard of living for local communities.
The newly appointed managers, who have long been involved in the Group's operations and have extensive experience in the industry, will continue to work in cooperation with the Group’s shareholders towards achieving ERG’s strategic goals and objectives. Their expertise and dedication to ERG's values will ensure that its course remains consistent and stable as part of the natural evolution of the Group.
Our mission remains unchanged: To be the best at what we do and drive global change, whilst holding true to our values, helping unlock the potential of the Earth and its people and ensure the prosperity of those who rely on us.
We would like to express our gratitude to all our employees, partners and customers for their trust and support. Together we continue to combine tradition with innovation in our efforts towards achieving new milestones.
