Board of Directors composition
NLMK’s Board of Directors was elected on the 19th of April, 2019. There are five independent directors on the Board. The Board of Directors meets regularly at least six times per year.
- Independent Board members
- The Human Resources, Remuneration and Social Policies Committee
- The Strategic Planning Committee
- The Audit Committee
Functions of the Board of Directors
Develops and implements the corporate strategy
Evaluates the performance of the Company and its bodies
Approves budgets and business plans
Sets target performance indicators
Approves priority business areas for the Company
Controls major capital expenses, mergers and acquisitions.