OREANDA-NEWS. June 30, 2014. Immediately after the conclusion of the general meeting of shareholders in Almetyevsk, a meeting of the Board of Directors of JSC TATNEFT in the new approved composition was held, which elected R.N. Minnikhanov, President of the Republic of Tatarstan, as the Board of Directors Chairman.

The Board of Directors reviewed the budget performance of JSC TATNEFT for five months in 2014 and approved the budget for July and the third quarter of the current year.

The Board of Directors approved compositions of the Committees of the Board of Directors of JSC TATNEFT.
 
The meeting adopted the work plan of the Board of Directors for the second half of 2014 and discussed a number of other issues of the Company's activities.

Information Reference

S. Ghosh, Managing Director of SGI Group Ltd. was appointed as Chairman of the Audit Committee. Members of the Committee: M.L. Voskresenskay,  Director of "Brentcross Ltd.", R.R. Gaizatullin, Minister of Finance of the Republic of Tatarstan and R. Steiner, Head of Private Investment Programs of FIDES Business Partner AG.M.L. Voskresenskaya was approved as financial expert of the Audit Committee.

V.I. Gorodniy, Deputy General Director - Head of Property Department of JSC TATNEFT, was appointed as Chairman of the Corporate Management Committee. Members of the Committee: N.E. Dorpeko, Consultant of JSC TATNEFT, V.D. Ershov, Head of Legal Department of JSC TATNEFT, V.A. Mozgovoy, Assistant to General Director of JSC TATNEFT on Finance, R.K Sabirov, Assistant to President of the Republic of Tatarstan, R.S. Khisamov, Chief Geologist - Deputy General Director of JSC TATNEFT, R.M. Khisamov Head of Securities Office of Property Department of JSC TATNEFT and D.V. Tsovma, Deputy Head of Securities Office of Property Department of JSC TATNEFT.

R. Steiner, Head of Private Investment Programs of FIDES Business Partner AG, was appointed as Chairman of the Human Resources and Remuneration Committee. Members of the Committee: S. Ghosh, Managing Director of SGI Group Ltd. and R.K Sabirov, Assistant to President of the Republic of Tatarstan.