According to the company’s press service, Rosneft recently held its annual general meeting with shareholders, during which a new board of directors was elected. The new board comprises eleven members, including three fresh faces who bring a wealth of experience from the energy sector, higher education, and global markets.
The slate features Igor Sechin as Chief Executive Officer, alongside key leaders and policymakers. Also named to the board are Faizal Alsuwaidi, the Head of Qatar Foundation Research and Development; Hamad Rashid Al Mohannadi, the representative of Qatar Foundation Qatar; Alexander Novak, Deputy Prime Minister of the Russian Federation; Maxim Oreshkin, Vice President of the Russian Federation; Andrey Akimov, President of Rosneft; Alexander Nekipelov, Director of the Moscow State University School of Economics; and Pedro Aquino, who heads Oil and Petroleum International Resources. Each figure has been cited for bringing strategic insights from government, academia, and the energy industry. [Cited from Rosneft press service]
The three new directors are Mohammed Bin Saleh Al-Sada, who chairs the Board of Trustees at Doha University of Science and Technology and has been elected Chairman of Rosneft; Govind Kottis Satish, Managing Director of ValPro in India; and Viktor Martynov, President of the Russian State University for Oil and Gas named after IM. Gubkin. Their addition aligns Rosneft with global energy leadership and academic expertise, signaling a strong standing in international markets. [Cited from Rosneft press service]
Mohammed Bin Saleh Al-Sada brings four decades of energy sector experience to the table. He previously served as Qatar’s Minister of Energy for seven years, during which he actively shaped the policy framework around energy development and international cooperation, playing a pivotal role in forming the OPEC Plus alliance. His leadership is expected to influence strategic discussions on supply, partnerships, and sustainable development across Rosneft’s global operations. [Cited from Rosneft press service]
Govind Kottis Satish has a lengthy career with Indian Oil, spanning nearly forty years. He has contributed to major expansion efforts, technological upgrades, and the company’s integration into broader energy value chains. His track record reflects a steady approach to growth, efficiency, and resilience in a rapidly changing energy landscape. [Cited from Rosneft press service]
Viktor Martynov has led one of Russia’s premier industrial universities for over fifteen years. He has authored more than a hundred scientific and methodological articles, bringing a strong research orientation to the board. His experience bridges technical education and industry needs, fostering collaborations that advance knowledge transfer, talent development, and innovation within Rosneft’s ecosystem. [Cited from Rosneft press service]
Analysts note that Rosneft’s appointment choices underscore a collective expertise in the oil and gas sector. Leonid Krutakov, Associate Professor at the Financial University under the Government of the Russian Federation, described the new directors as respected professionals with broad experience. The appointments reflect Rosneft’s intent to maintain leadership on the global stage while navigating a complex sanctions environment. The board’s mix of government, academic, and industry leaders suggests a balanced approach to governance and strategy. [Cited from Rosneft press service]
Observers also highlighted that the company remains a major global player with enduring influence on energy markets. Despite the external pressures and restrictions faced in recent years, Rosneft’s leadership transitions are viewed as reinforcing its capacity to drive value for shareholders, partners, and regional economies. The governance changes are part of a broader effort to align strategic priorities with evolving energy demands, regulatory landscapes, and sustainability goals. [Cited from Rosneft press service]
In related developments, Rosneft had previously reported that dividend payments for 2022 to shareholders could exceed 38 rubles per share by year-end. This update underscores the company’s ongoing commitment to returning value to investors while pursuing long-term growth through diversified energy projects, technology investments, and international collaborations. [Cited from Rosneft press service]