OREANDA-NEWS. On August 25, 2008 TNK-BP announced the resignation of its Executive Vice President for Downstream, Anthony Considine. Mr. Considine tendered his resignation in a letter dated August 25th. His resignation will be effective from September 15th, reported the press-centre of TNK-BP.

Mr. Considine is leaving TNK-BP after 5 years heading TNK-BP’s refining, trading and marketing businesses, to pursue other opportunities.

TNK-BP Chief Operating Officer, Tim Summers, said: “We regret we are losing Tony. In his 5 years of leadership with TNK-BP, he has set an outstanding example of cross cultural performance and success. His team has embodied what TNK-BP was set up to achieve – a unique and powerful blend of Russian and international expertise and talent which leads the industry.

Tony has led the transformation of our refining and marketing business, including value chain optimization which has translated directly into consistently excellent financial results. Our Downstream safety performance has improved markedly during Tony’s leadership. He has also been a valued member of senior management, and we thank Tony for his outstanding contribution to the success of our company. We all wish him every success in future.”

Notes to Editors:
Tony Considine has held the position of Executive Vice President at TNK-BP since it commenced operations in late August 2003. Immediately prior to this, he was a senior member of the TNK-BP Integration team managing the process of designing and structuring the new company which occurred between March and August 2003.

He was a member of the TNK-BP Management Board, the Operations; Policy and Compliance and HR Committees. He is a Director of Slavneft, and a member of their Board’s Compensation Committee.

Prior to joining TNK-BP, he had previously enjoyed a successful international career with BP, working in a wide variety of senior commercial and management positions in a number of BP’s businesses, across a range of geographies.

The appointment of Mr. Considine’s replacement will follow TNK-BP’s normal recruitment processes.