It is with great sorrow that we announce the passing of Mr Alijan Ibragimov

We announce with great sorrow that on February 3, 2021, Mr Alijan Ibragimov, one of the founders of ERG and a member of its Board of Directors, passed away at the age of 67.

Mr Ibragimov graduated from the Moscow Veterinary Academy in 1974 with a degree in Economics of Organisation of Industrial Goods Production and Distribution.

From 1995 to 2000, Alijan Ibragimov was the Chairman of the Board of Directors of Eurasian Bank. Between 2001 and 2007, he was a member of the Executive Committee of the Eurasian Industrial Association, which incorporated some of Kazakhstan’s leading mining and metals companies, and between 2002 and 2007, he headed TNC Kazchrome JSC. Alijan Ibragimov was also the Chairman of the Board of Directors of Aluminium of Kazakhstan JSC.

Under Mr Ibragimov’s leadership, between 2002 and 2004, TNC Kazchrome JSC became the world’s second largest company in terms of chrome ore reserves and production and the third largest ferrochrome producer. He took steps to accelerate the vertical integration of the company by consolidating the Aksu and Aktobe Ferroalloy Plants and Donskoy GOK. The consolidation of mining and metals assets made TNC Kazchrome JSC more attractive to investors.

Mr Ibragimov’s managerial policy included a roll-out of an integrated management system across the Group starting from 2003. His choice of strategic partners for the company’s industrial projects was underpinned by innovative approaches and HSE principles. Kazakhstan Aluminium Smelter built in the Pavlodar Region as part of a large-scale investment programme is one of the first successful projects forming part of the National Programme of Forced Industrial and Innovative Development. This is a new-generation plant meeting the highest efficiency and environmental standards.

Mr Alijan Ibragimov promoted programmes to train highly qualified specialists. He paid special attention to providing employees with a safe and comfortable environment for work and recreation and initiated the construction and renovation of social infrastructure and amenities and the provision of the relevant equipment.