Victor Deschamps, for Eurasia Business News – February 22, 2022

View on Moscow City, the main business and financial centre of the Russian capital. Photo credit : Swann Collins, 2017.

Former German chancellor Gerhard Schroeder continues to develop his career in Russia.

After five years heading the board of directors of Russian oil giant Rosneft and 15 years heading the committee of shareholders of Nord Stream AG (operator of Nord Stream-1), 77-year-old former Chancellor Schroeder will join the board of directors of Gazprom.

The candidacy of Schroeder, the 7th Federal Chancellor of the Federal Republic of Germany, who held this post in 1998-2005, is included in the list of 11 candidates, which the board of directors of Gazprom approved on Friday February 4.

Schroeder will replace Timur Kulibayev, the son-in-law of ex-president of Kazakhstan Nursultan Nazarbayev and chairman of the Kazakh association Kazenergy, among the top managers of Gazprom. Kulibayev has been on the board of directors of Gazprom since 2011. But this time his name was not on the list.

Read also : Gazprom and CNPC signed a new agreement on gas supplies

In addition to Schroeder, the list of candidates included the Russian Deputy Prime Minister Alexander Novak, Minister of Energy Nikolai Shulginov, Minister of Industry and Trade Denis Manturov, Special Representative of the President of the Russian Federation Viktor Zubkov, Chairman of the Board of Gazprom Alexei Miller, Head of Gazprombank Andrey Akimov, Deputy Chairman of the Board of Gazprom Vitaly Markelov , First Deputy General Director of Gazprom Export Mikhail Sereda, Rector of the Russian State University Gubkin Viktor Martynov and Rector of the RANEPA Vladimir Mau.

This is not the first Western leader to become top manager of a Russian large corporation. Indeed, François Fillon, who served as Prime Minister of France from 2007-2012, joined Sibur’s board of directors, reported the Russian company following a December 17 shareholder meeting. Earlier, François Fillon joined in June 2021 the board of Directors of the Russian oil company Zarubezhneft. The same month, the former Austrian Foreign Minister (2017-2019) Karin Kneissl joined the Board of Directors of Russian oil giant Rosneft.

Read also : Ukraine’s gold and foreign reserves reached highest since 2012

Read also : Gold production in Russia decreased by 1.3% to 174 tons in January-July 2021

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