Published by Uma Rajagopal
Posted on August 14, 2023
1 min readLast updated: February 1, 2026
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BERLIN (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, Rosneft Deutschland, which Berlin put under a trusteeship last year.
BERLIN (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, 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)
A managing director is a senior executive responsible for the daily operations of a company, making key decisions, and ensuring that the organization meets its goals and objectives.
A financial expert is a professional with extensive knowledge and experience in finance, capable of analyzing financial data, managing investments, and providing strategic financial advice.
Trusteeship in corporate governance refers to the responsibility of a trustee to manage assets or a company on behalf of its beneficiaries, ensuring compliance with legal and ethical standards.
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