Transoil management bodies include the General Meeting of Shareholders (hereafter – the General Meeting), the Board of Directors and the Chief Executive Officer. The authority of the management bodies is defined by the Law and the Company Articles of Association.
- The highest management body of Transoil is the General Meeting;
- The Board of Directors oversees the implementation of resolutions adopted by the General Meeting in accordance with the requirements of applicable Russian Federation law, as well as overall Company operations and management;
- The Company’s sole executive body is its Chief Executive Officer.