You're reading: RFE/RL: Russian tycoon Deripaska resigns from Rusal board over US sanctions

Russian tycoon Oleg Deripaska has resigned from his position as director of his aluminum firm Rusal, in the latest move that he hopes will persuade the U.S. administration to ease sanctions targeting him and his companies.

Rusal said in a May 25 statement that the resignation in line with “the efforts that have been made by the management of the group to protect the interests of the company and its shareholders” since the U.S. sanctions were imposed last month.

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