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Mr Sechin returns to Rosneft directors board
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Tuesday, 04 Dec 2012
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RIA Novosti reported that Mr Igor Sechin CEO of Russia's largest oil company Rosneft was elected to its board of directors at a shareholders meeting.

Mr Sechin who has led Rosneft since 2004 while being a deputy prime minister in charge of Russia's fuel and energy sector in the previous government resigned as chairman of the board last year when Russia’s then President Mr Dmitry Medvedev ordered state officials to give up their directorships in state run firms.

He was renamed Rosneft CEO in May as he was not reappointed as deputy prime minister, and since then oversaw Rosneft's agreement last month to acquire TNK BP from British oil major BP and the AAR consortium of Russian billionaire shareholders in USD 55 billion deal that makes the Russian company the world's largest publicly traded oil producer.

Source - RIA Novosti


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