Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Russian Bankers May Replace Officials on Boards, Kommersant Says

Don't Miss Out —
Follow us on:

April 5 (Bloomberg) -- Bankers including Morgan Stanley’s Rair Simonyan may be chosen to replace state officials on the boards of Russian state-owned companies, Kommersant reported, citing unidentified government officials.

Simonyan may replace Deputy Prime Minister Igor Sechin at OAO Rosneft, Russia’s largest oil company, the Moscow-based newspaper said today.

Candidates for other directorships include Alexander Shokhin, the head of the Russian Union of Industrialists and Entrepreneurs, who may become OAO Aeroflot’s chairman, Kommersant said. Ernst & Young’s Alexander Ivlev may replace Energy Minister Sergei Shmatko on pipeline operator OAO Transneft’s board, according to the newspaper.

President Dmitry Medvedev on April 2 issued an order to remove by July 1 eight deputy prime ministers and ministers from the boards of major state-run companies that they also regulate as cabinet members.

To contact the reporter on this story: Henry Meyer at hmeyer4@bloomberg.net

To contact the editor responsible for this story: Brad Cook at bcook7@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.