Ferrexpo appoints Roman Palyvoda as acting CFO

(Sharecast News) - Ferrexpo has appointed Roman Palyvoda as acting chief financial officer with immediate effect.
Palyvoda replaces Chris Mawe, who took on the role on an interim basis last month after Kostyantin Zhevago temporarily stepped aside to focus on resolving matters related to his former businesses in Ukraine.

Palyvoda, a Ukrainian national, joined Ferrexpo in September 2008 as the group management accountant. Previously, he worked at Renault for more than five years, latterly as the financial controller for Russia, Ukraine and the Commonwealth of Independent States.

Mawe said: "I'm delighted Roman has agreed to take on this role which is a natural fit given his extensive financial experience within the group and his role in the finance team."

At 1030 GMT, the shares were down 1.5% at 128.05p.