None of the members of the old board of Anglo-Russian oil company TNK-BP Holding (TNBP.RS) has been elected to its new board, as presented by the company Monday.
In addition, for the first time, the company has appointed an independent board member, David Rodolphe Lasfargue, director of the Moscow office of law firm Gide Loyrette Nouel Vostok.
Apart from Lasfargue, the board is split evenly between representatives of the company's two owners.
The Alfa-Access-Renova consortium, owned by a group of Russian tycoons, will be represented on the board by Access Industries Vice President Anatoly Akimenko, Alfa Finance Holdings SA Executive Director Pavel Nazarian, CTF Consultancy Ltd. Strategic Planning Director Alexei Savchenko, and Renova Management AG Legal Director Igor Cheremikin, TNK-BP Holding said.
BP PLC (BP) is to be represented by BP Exploration Services Ltd. Finance Director Paul Lindsey Kitson, its Vice President Richard Scott Sloan, Vice President for Russia and Kazakhstan Peter Anthony Charow, and lawyer Grant Darren Warnsby.
TNK-BP Holding is the listed subsidiary of TNK-BP Ltd., which is owned on a 50:50 basis by BP and AAR.