NLMK Group, a global steel company, announces that Sergey Karataev has decided to step down as NLMK Group’s Acting CFO.
He has decided to continue his professional growth beyond the financial function as First Deputy General Director of Freight One (PGK), NLMK Group’s affiliate.
NLMK Group is currently considering candidates for the CFO role. Details on the appointment will be announced later.
Grigory Fedorishin, NLMK Group president and CEO, said: “Sergey Karataev made a significant contribution to the development of NLMK’s financial function. He oversaw improvements to the debt structure, and the successful execution of projects aimed at developing and streamlining internal business processes. Sergey also set in motion the implementation of hi-tech Finance solutions, such as robotic transactional process automation. I would like to thank Sergey for his work and wish him every success in his new role.” (NLMK/Ukrainian metal)