Members of the Board of Directors

The Board of Directors is responsible for strategic business management of Transneft. The competences of the Board of Directors include resolving significant issues related to the Company’s activitiesIn accordance with the competence determined by the Federal Law On Joint-Stock Companies and the Articles of Association of the Company. The formation procedure, functions and powers of the Board of Directors, as well as the procedure of its operation are determined by the Articles of Association and the Regulations on the Board of Directors.

According to Transneft’s Articles of Association, the Board of Directors consists of nine persons. According to the Company, the composition of the Board of Directors is optimal for achieving current and strategic goals and objectives of the Company, and also meets the applicable requirements of the legislation of the Russian Federation and the Listing Rules of the Moscow Exchange.

Members of the Board of Directors as of 2018
Prior to 30 June 2018 Members were elected by the AGMS and approved by Order No. 1013-r of the Federal Agency for State Property Management dated 29 June 2017.
  • M. Warnig (Non-Executive Director)
  • D. Vasilevskaya (Non-Executive Director)
  • K. Dmitriev (Non-Executive Director)
  • I. Klebanov (Independent Director)
  • A. Korsik (Independent Director)
  • A. Novak (Chairman, Non-Executive Director)
  • N. Tokarev (Executive Director)
  • V. Shantsev (Non-Executive Director)
  • G. Shmal (Independent Director)
Since 30 June 2018 Members were elected by the AGMS and approved by Order No. 498-r of the Federal Agency for State Property Management dated 30 June 2018.
  • M. Warnig (Non-Executive Director)
  • K. Dmitriev (Non-Executive Director)
  • I. Klebanov (Independent Director)
  • A. Korsik (Independent Director)
  • A. Novak (Chairman, Non-Executive Director)
  • M. Sokolov (Non-Executive Director)
  • N. Tokarev (Executive Director)
  • V. Shantsev (Non-Executive Director)
  • G. Shmal (Independent Director)
Composition of the Board of DirectorsAs of the end of the calendar year. (persons)