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DERIVATIVES

Who's Who?
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Vladimir Lisin
Chairman of the Board, Novolipetsk Steel

LisinBorn on May 7, 1956 in Ivanovo

1975-1979 - Worked as a welder while attending university

1979 - graduated from the Siberian Mettalurgical Institute

1979 - worked as an engineer at the Karaganda Steel Plant in Kazakhstan

1981 (?) - promoted to a senior position at Karaganda, reporting to future Soviet metals minister Oleg Soskovets; became a director of TSK-Steel, a private firm Soskovets set up.

1985 - 1991 worked as a deputy head engeneer then deputy director at Karaganda.

1992 - became a director of TransWorld Group, a metal commodity broker.

1992- 1997 he was a member and then a Chairman (1992- 1993) of the Board of Directors of AO Sayan Aluminum Plant .

1994 received a post-graduate degree in technical science from the Plekhanov Russian Economics Academy

1996 - appointed to the board of Novolipetsk

1997 - left TransWorld; appointed to the Board of Directors of Magnitogorsky hardware-metallurgical plant.

2002 - after several years spent aquiring stock in Novolipetsk, Lisin managed to buy out Vladimir Potanin's share in the plant, making him the sole owner of the venture.

December, 2005 - Novolipetsk is listed on the London Stock Exchange, netting Lisin an additional $600 million.

According to Forbes 2006 list, he is the third richest man in Russia (41st richest in the world), worth an estimated $10.7 billion.

Married with three children

last updated March 13, 2006

 
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