5 Apr 2024 15:06

Former RosGeo CEO Gorkov to remain on executive board, Radkov to be appointed interim CEO

MOSCOW. April 5 (Interfax) - Sergei Gorkov, whose contract as RosGeo CEO expired on March 31, will remain on the state geological exploration holding's executive board, and Sergei Radkov, who currently oversees solid minerals at RosGeo, will be appointed interim CEO, Natural Resources and Environment Minister Alexander Kozlov said at a RosGeo extended board meeting.

"Sergei Nikolaevich Gorkov is remaining with the company as one of the members of the executive board. Sergei Alexandrovich Radkov will be appointed interim CEO. He has been with the company since 2021, overseeing an important area, solid minerals," Kozlov said.

As previously reported, the contract of former RosGeo CEO Sergei Gorkov expired on March 31 and has still not been extended. A government directive is required to appoint the CEO of the RosGeo state geological exploration holding.

Gorkov had been RosGeo CEO since 2019, when he replaced Roman Panov, Rosatom's special representative for Arctic development, who supervises the development of the Northern Sea Route at the state corporation.

RosGeo state geological exploration holding unites over 40 geological enterprises operating in Russia's regions and abroad, and conducts all types of geological exploration work, from regional studies for all types of minerals to calculating reserves and commissioning deposits. RosGeo has unique expertise in the area of marine geology and shelf operations.