On 2d August 2007 in a vote by correspondence the Supervisory Board of ALROSA elected the RF Finance Minister Alexey L. Kudrin as its Chairman.
Mr. Yegor A. Borisov, Chairman of the Sakha Republican Government, was elected as the Board's First Vice Cahairman.
ALROSA Co. Ltd. was set up under Decree 158C of the President of the Russian Federation 'On the Establishment of the Almazy Rossii-Sakha Joint Stock Company' signed on 19 February 1992.
It is Russia's largest diamond company engaged in exploration, mining, manufacture and sales of diamonds and one of the world's major rough diamond producers.