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Sechin May Return to Rosneft Board in October, Kommersant Says

OAO Rosneft Chief Executive Officer Igor Sechin, a former deputy prime minister, may return to the oil producer’s board in October, Kommersant reported today, citing unidentified people in government.

The government is close to issuing orders for the board to hold a shareholders meeting for the election of Sechin to the board, the newspaper reported. The shareholders are also to approve an additional dividend of 4.08 rubles a share, Kommersant said, citing the government officials.

The shareholders meeting may take place in October, the newspaper said.

To contact the reporter on this story: Anna Shiryaevskaya in Moscow at ashiryaevska@bloomberg.net

To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net

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