Oleg Deripaska

Biography

Since January 2009 Oleg Deripaska was Chief Executive Officer of UC RUSAL. In 1997, Mr Deripaska, then Director General of the Sayanogorsk aluminium smelter, created Russia’s first vertically integrated company – Siberian Aluminium (in 2001 renamed Basic Element) that later incorporated a number of Russia’s leading aluminium production facilities. In 2000, Siberian Aluminium became one of the world’s top ten aluminium producers.. Between 2000 and 2003, Mr Deripaska was Director General of RUSAL, which was created through the merger of Siberian Aluminium and Sibneft’s aluminium and alumina assets. In 2007, Russia’s RUSAL and SUAL and Swiss Glencore merged to create United Company RUSAL, the world’s largest producer of aluminium. In 2009, the year of global economic recession, Oleg Deripaska once again stepped in to head up RUSAL. Mr Deripaska graduated Summa Cum Laude from the Physics Department of Moscow State University and later received a degree from the Plekhanov Academy of Economics. Oleg Deripaska is Vice President of the Russian Union of Industrialists and Entrepreneurs, Chairman of the Executive Board of the Russian National Committee and a member of the Competitiveness and Entrepreneurship Council which is a Russian Government Agency. He also serves on the Boards of Trustees of the National Science Support Foundation, the Bolshoi Theatre and the Schools of Business Administration of the Moscow and St. Petersburg State Universities. In 2004, Russia’s President Vladimir Putin appointed Oleg Deripaska as Russia’s Representative in the Asia-Pacific Economic Cooperation Business Advisory Council. In 2007, he was appointed Chairman of the Council’s Branch in Russia. In 1999, Mr Deripaska was awarded with the Order of Friendship. In 1999, 2006 and 2007 he was named «Businessman of the Year» by the Russian leading business daily Vedomosti. He was also named the Industry Ambassador of the Year at 2013 Metal Bulletin Global Aluminium Award for Excellence. Oleg Deripaska personally initiated construction of the Centre for epidemic and microbiological research and treatment in the Guinean Kindia province. The Centre was designed and constructed by RUSAL specialists with the assistance of Rospotrebnadzor scientists (RUSAL has invested $10m). RUSAL is a significant player in the bauxite and alumina industry in Guinea and one of the country’s largest private sector investors. RUSAL has become the world’s first public company to implement a major construction project aimed at fighting the spread of the Ebola virus. Today, thanks to the effective efforts of the international community, including Russia, the EVD has been contained and ongoing risk mitigated.

Research Interest

Oleg Deripaska was appointed as RUSAL’s President in November 2014. He oversees new development strategies for the Company.