Rosneft Replaces Chief as Putin Deputy Boosts Control

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OAO Rosneft named Eduard Khudainatov as chief executive officer, ending the almost 12-year tenure of Sergei Bogdanchikov and increasing Deputy Prime Minister Igor Sechin’s control of Russia’s biggest oil producer.

The board, chaired by Sechin, appointed Khudainatov to the post effective today, Moscow-based Rosneft said in a statement yesterday. The announcement came a day after Russian President Dmitry Medvedev proposed that Khudainatov, the company’s deputy CEO, be put forward for the top job.