German politician, former German Chancellor Gerhard schröder, known for close ties with Russia and friendship with President Vladimir Putin, has been nominated to the Board of Directors of Rosneft, which must be approved by the shareholders on September 29. It is reported by RBC with reference to sources. According to one of interlocutors, Schroeder proposed to serve as an independent Director.

The Board of Directors of Rosneft, which now consists of nine people is expected to increase to 11. “At the last meeting of the Board of Directors the name of Schroeder was called. But Sechin announced that two new members will be a new independent Director,” said a source close to the Board of Directors of Rosneft.

According to him, Rosneft as a public joint stock company wants to meet the best conditions of the corporate governance code for companies, which are traded on international exchanges. For this third of the seats in the Board of Directors should take independent Directors.

Schroeder could be elected to the Board of Directors of “Rosneft” at the extraordinary meeting of shareholders on September 29.

The Board of Directors of “Rosneft” suggests a good reward. By the end of 2016, the company will pay Council members $2.27 million Reward former Treasurer of ExxonMobil Donald Humphreys, one of the three independent Directors of the company, will amount to $565 thousand, managing Director of Nord Stream AG 2 Matthias Warnig and the economist Oleg Vyugin will receive $580 thousand.

Rosneft is not the first Russian company, which may include a shredder. After retiring from the post of Chancellor of Germany, he headed the first Supervisory Board, and soon the Committee of shareholders of company Nord Stream AG, set up to control the Nord stream gas pipeline. In 2016, he also led the company Nord Stream 2 – operator construction of the third and fourth strings of the pipeline.

In early 2009, schröder joined the Board of Directors of TNK-BP (in 2013 came under the control of Rosneft), as one of the three independent members.

Ex-German Chancellor Schroeder will join the Board of Directors of Rosneft 04.08.2017

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