German network regulator names 2nd managing director of Rosneft Deutschland

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The logo of Russia's oil company Rosneft is pictured at the Rosneft Vietnam office in Ho Chi Minh City

The logo of Russia’s oil company Rosneft is pictured at the Rosneft Vietnam office in Ho Chi Minh City, Vietnam April 26, 2018. Picture taken April 26, 2018. REUTERS/Maxim Shemetov/File Photo

BERLIN, Aug 14 (Reuters) – Germany’s network regulator on Monday said it had appointed Udo Giegerich as a second managing director of the German subsidiary of Russia’s Rosneft (ROSN.MM), Rosneft Deutschland, which Berlin put under a trusteeship last year.

The regulator said Giegerich was a proven financial expert as a former finance chief at various companies and would be responsible for Rosneft Deutschland’s finance department.

Reporting by Riham Alkousaa, Editing by Rachel More

Our Standards: The Thomson Reuters Trust Principles.

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