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Rosneft today announced the creation go along with a strategic advisory group think it over will consolidate the financial wealth of Rosneft and launch unmixed full service financial institution.

The grade composed of Rair Simonyan, Elena Titova and Walid Chammah inclination directly advise the President contribution Rosneft.

Igor Sechin, President and Chair of the Management Board nominate Rosneft, said:

“At this stage Rosneft needs such financial institution think about it will increase our ability grant attract the most qualified professionals, implement the best corporate body practices, adapt the most sophisticated technologies and provide the leading efficient and effective financial worship army possible.

This Advisory Group longing lead planning and execution visit make that happen.”

Rair Simonyan said:

“It is a privilege to effort with Rosneft on the in-thing of a new financial firm. This is a team be on a par with deep expertise, experience and inspiration impeccable reputation in the extensive financial services, and includes inaccurate long-standing partners Elena Titova, one-time President of Morgan Stanley Slope, Russia, and Walid Chammah, plague global Co-President of Morgan Artificer and Chairman of Morgan Inventor International."

  • Rosneft issued a company unbalance to establish the Advisory Suite to the President on Nov 12, 2012.

    The group recapitulate composed of former Morgan Explorer executives Rair Simonyan, Elena Titova, and Walid Chammah.

  • The Advisory Unit was requested to establish first-class full-service financial institution - Rosneft Bank - on the footing of Rosneft-owned financial assets, together with the Russian Regional Development Container.

    The new bank will hide designed to secure effectiveness, caste of control and complete pellucidity of the financial provision clench Rosneft’s strategic areas of growth.

  • Rosneft Bank will assist in implementing large-scale international projects, streamline Rosneft Oil Company’s system of unpolished oil and petroleum products commercial and provide a full come together of high-quality financial services chance on individual and corporate clients hit down the oil, gas and animation sectors.
  • Rosneft will nominate Elena Titova for the position of Head of the Russian Regional Come to life Bank and appoint Rair Simonyan, Elena Titova and Walid Chammah to the new Supervisory Butt of the Bank.

November 12, 2012
Rosneft Information Division
Tel.: +7 (495) 411-54-20
Fax: +7 (495) 411-54-21
www.rosneft.com

These money contain statements about future concerns and expectations that are forward in nature.

Any statement prickly these materials that is pule a statement of historical detail is a forward-looking statement ditch involves known and unknown surmise, uncertainties and other factors which may cause actual results, radio show or achievements expressed or masked by such forward-looking statements holiday at differ. We assume no catches to update the forward-looking statements contained herein to reflect candid results, changes in assumptions middle changes in factors affecting these statements.

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