(Bloomberg) — Nayara Vitality Ltd., an organization partially owned by Russian big Rosneft PJSC and lately hit by EU sanctions, has appointed a brand new chief government officer following the resignation of Alessandro des Dorides final week, in line with folks acquainted with the event.
Sergey Denisov has changed des Dorides, mentioned the folks, who requested to not be named as a result of sensitivity of the problem.
Denisov has been with Nayara since October 2017 and was most lately the refinery’s chief growth officer, in line with a LinkedIn profile beneath his identify. Previous to becoming a member of the corporate, he spent greater than six years at oil main BP Plc.
Des Dorides spent a lot of his profession at Italian main Eni SpA. He grew to become Nayara’s CEO in March 2024.
Reuters earlier reported that Denisov’s appointment was confirmed on Wednesday.
Nayara’s webpage doesn’t listing its key executives. Denisov didn’t instantly reply to messages despatched by way of his LinkedIn account.
The event follows the EU’s newest spherical of restrictions final week, concentrating on Russia and its oil commerce. That included sanctions towards Nayara, wherein Rosneft holds a 49.13% stake.
Rosneft has referred to as the sanctions “unjustified and unlawful.” The Mumbai-based refiner mentioned in a press release on Monday that it was exploring authorized and different choices to guard its pursuits.