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PhosAgro Board Confirms Maxim Volkov as CEO

20 January 2012
Moscow – PhosAgro (MICEX-RTS, LSE: PHOR) (“the Company”), a leading global vertically integrated phosphate-based fertilizer producer, announces that its Board of Directors has re-appointed Maxim Volkov as CEO for another one year term in accordance with the Company charter.
 
The Board of Directors also voted to allow the PhosAgro CEO to hold positions in the management bodies of other organizations.

Maxim Volkov
CEO of OJSC PhosAgro
CEO of Management Company CJSC PhosAgro AG
Member of the Board of Directors of OJSC PhosAgro
 
Mr. Volkov joined the Board of Directors of OJSC PhosAgro in 2002. Prior to becoming PhosAgro’s CEO, he was the deputy CEO for economic affairs and finance. Mr. Volkov started his career in 1996 as an auditor with Arthur Andersen. He holds a master’s degree from the Bodø Graduate School of Business (Norway). He also graduated from the Ustinov Baltic State Technical University.