OREANDA-NEWS. On March 16, 2007 the Board of Directors of MMC Norilsk Nickel elected Denis Morozov as General Director of the Company, the press service of “Norilsk Nickel” informed.

Due to the large scale of the energy business development and necessity to mobilize the management resources at this direction, Mikhail Prokhorov decided to resign as the General Director of MMC Norilsk Nickel from April 2, 2007 and to focus on further energy business development and other projects.

The MMC Norilsk Nickel Board of Directors accepted Mikhail Prokhorov’s resignation and voted unanimously for the appointment of Denis Morozov as a new General Director since April 3, 2007, who is currently Deputy General Director, Member of the Management Board of MMC Norilsk Nickel.

Denis Morozov was born on March 30, 1973. In 1993 Mr. Morozov graduated from the Lomonosov Moscow State University, faculty of economics, as a specialist in political economy. In 1996 he graduated with distinction from the Lomonosov Moscow State University, faculty of jurisprudence, as a specialist in law.

In 1999 Denis Morozov graduated from the Swiss Banking School as a specialist in commercial banking. In 1999 he completed postgraduate study at the Russian Ministry of Foreign Affairs’ Moscow State Institute for International Relations as a specialist in international economic relations.
In 2000 Mr. Morozov upheld a thesis, a candidate of economic sciences.

From 1992 to 1994 Mr. Morozov worked for OJSC Ingosstrakh Insurance Company.

From 1994 to 1998 he worked for the Joint Stock Commercial Bank Alfa-Bank as Deputy Head of the Credit Section, Head of the Credit Section, Deputy Head of Credit Management, and Vice President.

From June 1998 to February 1999 he worked for the Joint Stock Commercial Bank the International Finance Company as Director of Commercial Banking Operations Department.

Since March 1, 1999 he worked for RAO Norilsk Nickel as Head of the Administration of Corporate Structures, Head of Corporate Capital and Investor Relations, Member of the Management Board, Member of the Board of Directors.

From 2000 to 2001 he was responsible for carrying out the restructuring of RAO Norilsk Nickel and establishing a new public company, OJSC MMC Norilsk Nickel, on the basis of The Norilsk Mining Company, a subsidiary of RAO Norilsk Nickel.

From 2005 to 2006 Mr. Morozov was responsible for the spin-off of gold mining assets from MMC Norilsk Nickel into a separate company OJSC Polyus Gold.

Posts held at OJSC MMC Norilsk Nickel: Head of the Board of Directors’ Administration, Head of the Legal Department, Deputy General Director of Legal Issues, Deputy General Director of Corporate and Legal Issues, Member of the Management Board.

Mr. Morozov is also a Member of the Board of Directors in OJSC Polyus Gold. He is married and has two children.