Metalloinvest names ex-UBS banker to board

Metalloinvest, the Russian iron ore producer, has elected Ken Costa, a former vice chairman of UBS AG's investment bank, as an independent board member. From 2007 to 2011 he was chairman of Lazard International. Vadim Levin, a former deputy chief executive officer of VTB Bank, also became an independent board member.

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The Worst Performer in Billionaires’ Portfolios? Trophy Art.