Pavel Fyodorov has been appointed as vice president for economy and finance at the Rosneft state oil corporation.
In accordance with the division of responsibilities, Mr Fyodorov will also be in charge of major construction work carried out by Rosneft, the company’s press office told Construction.ru.
Meanwhile, the state corporation plans to cut headquarters staff by 20% as compared with the 1st of January 2016, added the press office representative, referring to the head of Rosneft, Igor Sechin.
Pavel Fyodorov was born in 1974. In 1995 he graduated from Novosibirsk State University. In 1998 he took a master’s degree at the University of Washington.
From 1998 to 2005, Mr Fyodorov served in the capacity of executive director and vice president. From 2006 to 2007, he was a managing director of UBS in Moscow. From 2007 to 2010, Fyodorov held the position of managing director and senior councilor for Morgan Stanley in Moscow.
From 2011-2012, he was employed in Rosneft in the capacity of first vice president. Then, in 2012-2013, as Deputy Energy Minister of Russia, he supervised the oil and gas industry of the country.
From 2014 to 2015, Pavel Fyodorov was the first deputy director general and then the first vice president of Norilsk Nickel.
Now he is back at Rosneft again. This might possibly be connected with the fact that Fyodorov has 15 years of experience of working in international financial organizations, and at present Rosneft needs large amounts of money for its development.