Top Russian energy officials likely to leave company boards

Two Russian ministers are likely to leave the boards of directors of major Russian energy companies after President Dmitry Medvedev urged the withdrawal of state officials from executive positions as part of Russia’s attempts to boost business competitiveness.
Russian Energy Minister Sergei Shmatko will most likely leave the gas giant Gazprom’s board of directors, Russian presidential aide Arkady Dvorkovich said on Thursday at a briefing in Moscow.
“The board includes individual profiled members, first and foremost the energy minister.
If we follow the letter of the law the president has laid out, then a replacement is needed,” Dvorkovich said.
Shmatko is also likely to leave his chief post in the RusHydro hydropower generator, the presidential aide said.
Russian Deputy Prime Minister …

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