At a meeting held on 27 April 2018, the board of directors of Novolipetsk Steel (NLMK Group) approved the new appointments of the group's management board as follows: the board appointed Mikhail Arkhipov, Eugene Ovcharov and Sergey Chebotarev as new members of the management board. Mikhail Arkhipov joined NLMK in January 2018 as Vice President, HR & Management System. From 2013 to 2018, he was member of the Management Board and Vice President of HR at MTS Group. Eugene Ovcharov joined NLMK in 1998. Mr. Ovcharov help the positions of Director for Internal Control and Risk Management, Head of Corporate Finance, and senior management positions at the Department of Economics and Finance. In 2016, he was appointed NLMK Vice President of Risk Management. Sergey Chebotarev joined NLMK in 2000 as an economist in the Fuel and Energy Complex Department. He was Head of Energy Policy Management and Director for Energy Efficiency and Energy Markets, before being promoted to Vice President of Energy in 2016.