German Khan was re-elected as the Chairman of OAO NGK Slavneft Board of Directors
German Khan, Executive Director of OAO TNK-BP Management, was re-elected as the Chairman of OAO NGK Slavneft Board of Directors (BoD) at the meeting of the new BoD members held on July 16, 2009.
Thereafter, the nominees for the chairmen and members of the BoD Committees were determined and approved. Timothy Summers, Chief Operating Officer of OAO TNK-BP Management, was appointed to the Chairman of the Audit Committee; Denis Krutov, Head of HR-management Department, OAO GazpromNeft, was appointed to the Chairman of the Staff and Remuneration Committee.
The Committees’ activity is of advisory and consultative nature and is focused on ensuring the efficient performance of functions by the Board of Directors.
The new members of OAO NGK Slavneft Board of Directors were elected at the annual general meeting of the Company’s shareholders on June 29, 2009.