Russian billionaire Alexei Mordashov quits Tui board after EU sanctions

Move comes after he was added to list of people placed under sanctions because of ties to Vladimir PutinUkraine Russia war: latest updatesThe Russian billionaire Alexei Mordashov has resigned from the supervisory board of the world’s largest tourism operator TUI after he was hit by EU sanctions over Moscow’s invasion of Ukraine.Mordashov, a major shareholder in TUI, had resigned “with immediate effect”, the German group said in a statement on Wednesday. Continue reading…

Move comes after he was added to list of people placed under sanctions because of ties to Vladimir Putin

The Russian billionaire Alexei Mordashov has resigned from the supervisory board of the world’s largest tourism operator TUI after he was hit by EU sanctions over Moscow’s invasion of Ukraine.

Mordashov, a major shareholder in TUI, had resigned “with immediate effect”, the German group said in a statement on Wednesday.

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