MOSCOW, July 18, 2018 /PRNewswire/ --
PhosAgro CEO Andrey Guryev has been named the best CEO in the chemicals sector in Institutional Investor's inaugural Emerging EMEA Executive Team ranking for 2018.
The rating also recognised PhosAgro as a company, its CFO Alexander Sharabaika and Head of Investor Relations Alexander Seleznev.
Companies across 12 business sectors were voted on by more than 500 buy-side analysts, asset managers, and sell-side researchers at nearly 300 firms, managing nearly $300 billion in equities in Emerging EMEA.
Participants were able to identify up to four companies that excel areas such as corporate governance, accessibility of senior executives, timely and appropriate level of financial disclosure, quick and thorough responses to requests, constructive conference calls, best commitment to corporate governance, as well as insightful and useful reports on ESG/SRI metrics.
"Investing in Emerging EMEA is not for the fainthearted, with economic and geopolitical uncertainties amongst some of the many challenges," said Amani Korayeim, Director Sales and Product Development All-EMEA. "But in Institutional Investor's inaugural survey of the global investment community, a strong phalanx of companies and leaders emerge who are excelling at cutting through the challenges, and sharing their companies' vision and strategy with investors." She adds, "In the absence of an objective quality measure of IR but an increasingly institutionalized IR function in the region, the Emerging EMEA Executive Team Survey results of Institutional Investor, will provide an independent vehicle to inform and benchmark companies' IR strategy and continue to help optimize their outreach."
PhosAgro CEO Andrey Guryev said: "I am extremely pleased that PhosAgro and several members of our team have been recognised by the market for the excellent work we are doing to implement our ambitious strategy aimed at sustainable and efficient growth. We are committed to creating value for shareholders both by delivering on our investments into expanding capacity and by maintaining the highest standards of transparency and corporate governance."