May 18, 2018 / 2:23 PM / in 5 months

Russian businessman Deripaska resigns from Russia's EN+ board

MOSCOW, May 18 (Reuters) - Russian sanctions-hit businessman Oleg Deripaska has resigned from his post as a member of Russia’s En+ board of directors, the company said on Friday.

En+ manages Deripaska’s aluminium and hydropower businesses. The group said it will propose that Philippe Mailfait, currently an independent director of the En+ group, replace Deripaska on Rusal’s board of directors. (Reporting by Polina Devitt; writing by Gabrielle Tétrault-Farber; editing by Polina Ivanova)

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