Lou Naumovski

Vice President and General Manager, Moscow Representative Office, Russia , Kinross Gold Corporation

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Lou Naumovski joined Kinross Gold Corporation in September 2007, and is Head of Kinross’ Moscow Office. Kinross is the second largest gold producer in Russia through its Kupol property in Chukotka. In August of 2010 Kinross acquired 100% of the Dvoinoye strategic gold property in Chukotka and in March 2011, Kinross assumed full ownership of the Kupol property. Kinross was the first foreign-owned mining company in Russia to be approved for ownership of 100% of strategic gold deposits by the Russian Government.

Prior to joining Kinross, Lou was Senior Vice President at Visa International, Central Europe, Middle East and Africa Division (CEMEA) from August 2000 to July 2007. Mr. Naumovski led the development of Visa’s business in Russia and the eleven other countries of the Commonwealth of Independent States and was also Head of Strategy for the CEMEA Division from 2005-2007.

From 1992-2000, Mr. Naumovski was a member of the Russia Team of the European Bank for Reconstruction and Development (EBRD), including five years as Resident Representative and Senior Banker in Moscow (1992-1997), and latterly as Senior Banker in London from 1997-2000. Mr. Naumovski helped to launch, and was also the first Executive Director of the Canada - USSR Business Council from 1990-1992.

Mr. Naumovski has a Hons. B.A in economics and political science from the University of Toronto (1978), and a M.A. in International Relations (1980 - specialized in Russian / Soviet affairs) from the Norman Patterson School of International Affairs at Carleton University in Ottawa. He began his professional career as a diplomat and trade commissioner for Canada (1980-1990). His assignments included Moscow, Atlanta, Georgia, Baghdad, Iraq, and as Deputy Director for Trade and Investment Development, Eastern Europe and the USSR at the Department of External Affairs and International Trade in Ottawa from 1988-1990.

Mr. Naumovski is a member of the National Board of Directors of the Canada – Eurasia – Russia Business Council (CERBA), and also concurrently represents Kinross on the boards of the Moscow and Toronto Chapters of CERBA. In his spare time, Lou is a non-executive member of the Board of Directors of the Centre for Financial Technology (CFT), a leading Russian private company in the financial services software and payment industry. Finally, Mr. Naumovski is an Honorary member of the Board of Directors of Macedonia 2025, a non-profit international association of Macedonians in the Diaspora dedicated to supporting the economic and social development of the Republic of Macedonia.

Lou is married with two children and has homes in Toronto and Moscow.