A new head of Alisher Usmanov's USM holding has been appointed

Business

Oksana Gorshkova has been appointed head of USM Group, which manages the assets of billionaire Alisher Usmanov. Previously, the CEO was Yerkozha Akylbek, who replaced Ivan Streshinsky in this post in April 2022.

A new head of Alisher Usmanov's USM holding has been appointed
Photo: Forbes.ru
CEO Yerkozha Akylbek left his position and resigned from the governing bodies of all companies of the group, RBC was told in the press service of Alisher Usmanov's USM holding.

According to the official report, Oksana Gorshkova has been appointed as the new head of the USM Holding. She has been working in the USM since the group was founded in 2012 and has successively held a number of senior positions, including administrative, operational and managing director of USM, as well as managing director of USM Telecom and other group businesses.

USM attributed the CEO's dismissal to Akylbek's personal decision. He became CEO of USM in 2022, after Ivan Streshinsky left his post.

It should be noted that billionaire Alisher Usmanov, founder and major shareholder of USM Holdings (with a 49% stake), fell under the sanctions of the European Union (EU) in February 2022.

The justification for the sanctions was that Usmanov has close ties to President Vladimir Putin and actively supports policies aimed at destabilizing Ukraine. Subsequently, sanctions were also imposed against the businessman by the US, Canada, the UK and Japan.

Usmanov owns a 49% stake in USM, a Russian investment group that controls Russia's largest iron ore producer Metalloinvest and MegaFon. He controls the Russian newspaper Kommersant and also holds stakes in AliExpress Russia Holding and Akkermann Cement. Forbes estimates Usmanov's wealth at $14.4 billion.

In Uzbekistan, Usmanov's holding is a co-founder in the Digital Holding JV, which owns the mobile operator Ucell and the operator of the CRPT Turon labeling system. In addition, USM subsidiary Akkerman Cement CA became the owner of the Akhangarancement plant in early 2022, which subsequently also fell under US sanctions in April 2023.

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