En+ Group says board of directors member Orcel resigns

MOSCOW, Apr 13 (PRIME) -- Ricardo Orcel, a member of the board of directors of Russian multi-industry holding En+ Group, resigned on Wednesday, the company said in a statement on Friday.

On April 6, the U.S. imposed sanctions against a total of 38 Russian tycoons, officials and companies, including tycoon Oleg Deripaska and his companies En+ Group and aluminum giant UC RUSAL. En+ Group’s independent director Dominique Fraisse quit the board of directors on April 6, and non-executive director Zhao Guangming resigned on Monday.

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