Board of Directors

Maxim Matveev

Maxim Matveev is a Vice-President of Aterra Capital. He has more than 20 years of experience in corporate finance and equity capital markets. Prior to joining Aterra Capital in 2015, Maxim was a senior metals and mining analyst at ING Bank. Before he joined ING in 2008, he worked in the Corporate Finance department of Deutsche Bank, holding a Vice President position, where he had extensive experience in both M&A and capital markets transactions. Maxim holds Masters Degree in Science from the Moscow Institute of Physics and Technology. He is a CFA charterholder. Mr. Matveev is a nominee of Aterra.

Dominic Gualtieri

Director of Silver Bear since July 2008. Mr. Gualtieri was previously Head of Equities and a Managing Director of Alfa-Bank, Russia's largest privately-owned bank. He was responsible for the Bank's equity brokerage and distribution through its international offices in London, New York, Kiev and Nicosia as well as for leading the sales and trading teams in Moscow. Prior to joining the Bank, Mr. Gualtieri was Group Managing Director of Franklin Templeton Asset Management in South Africa and previously headed Templeton's Moscow office. Mr. Gualtieri is licensed by the FSFM as an asset manager. Mr. Gualtieri holds an MA in Economics from the University of Toronto and was twice awarded the Simcoe Fellowship for academic achievement.

Alexey Sotskov
Director and Deputy CEO

Director for Silver Bear since August 2014. Mr. Sotskov has more than 15 years of project management experience in the technology and business process optimization sectors. Currently, he is a Representative of Inflection. Previously, he was the Project Portfolio Manager of Technonicol, a large Russian manufacturer and distributor of construction materials. Prior to joining Technonicol, Mr. Sotskov led certain business optimization and ERP implementation programs for TNK-BP, a major vertically integrated Russian oil company headquartered in Moscow. Mr. Sotskov holds a Masters Degree in Science and Applied Mathematics from the Moscow Institute of Physics and Technology. Mr. Sotskov is a nominee of Inflection.

Christopher Westdal
Non-Executive Chairman

Director for Silver Bear since October 2007 and appointed Non-Executive Chairman in January 2016. Mr. Westdal, a consultant and former Canadian diplomat with 40 years of international experience, was Ambassador to Russia (2003 to 2006), the United Nations in Geneva (1999 to 2003), Ukraine (1996 to 1998), South Africa (1991 to 1993) and Bangladesh and Burma (1982 to 1985). Prior assignments abroad included India and Nepal (from 1973 to 1975, responsible for Canadian International Development Agency programming) and Tanzania (from 1970 to 1973, as a member of a University of Toronto economic advisory team). In Ottawa, he was Director General of the Foreign Ministry’s International Organizations Bureau from 1987 to 1991, and Assistant Secretary at the Privy Council Office to the Cabinet Committee on Foreign Policy and Defense (1976 to 1978 and 1985 to 1987). He is currently also a director of Silver Bear Resources Inc. Mr. Westdal holds a Bachelor of Arts degree from St. Johns College and a Master of Business Administration degree from the University of Manitoba.

Vadim Ilchuk
Chief Executive Officer

Mr. V. Ilchuk has 19 years of experience in the mining industry and natural resource investment business. He has extensive background in mine finance and accounting, financial reporting, and cross-border M&A process and integration, as well as takeover rules and corporate governance. Mr. Ilchuk joined Silver Bear Resources, Inc from RT-Business Development, Inc where he held a position of Chief Financial Officer. He also served several years in various managerial roles in Kinross Gold Corporation in the United States and Russia.