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German network regulator names 2nd managing director of Rosneft Deutschland

Published by Uma Rajagopal

Posted on August 14, 2023

1 min read

· Last updated: February 1, 2026

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Rosneft logo displayed in an office, related to Udo Giegerich's appointment - Global Banking & Finance Review
This image features the Rosneft logo, highlighting the recent appointment of Udo Giegerich as the second managing director of Rosneft Deutschland, emphasizing his financial expertise in the oil industry.
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German network regulator names 2nd managing director of Rosneft Deutschland 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 […]

German network regulator names 2nd managing director of Rosneft Deutschland

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)

Frequently Asked Questions

What is a managing director?
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.
What is a financial expert?
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.
What is trusteeship in corporate governance?
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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