* Vadim Yakovlev named chairman, succeeds William Guinness
* Igor Tsibelman named CEO, succeeds Stuard Detmer
* 3 non-executive directors also appointed
LONDON, Aug 12 Russian oil and gas explorer
Sibir Energy SBE.L said on Wednesday its chairman and chief
executive have both stepped-down from the board.
In a statement it said William Guinness would be succeeded
as chairman by non-executive director Vadim Yakovlev, while
Igor Tsibelman, previously deputy CEO, would become CEO in
place of Stuard Detmer.
The appointments reflect the control over the business of
Gazprom Neft (SIBN.MM), the oil arm of the the world's largest
gas company Gazprom (GAZP.MM), which has acquired ownership
over a majority of the voting rights of Sibir's shares.
Sibir also announced the appointment of three non-executive
directors -- Dmitry Bekker, Maxim Viktorov and Andrei
Bekker is a representative of The Central Fuel Company and
the Moscow city government, while Viktorov and Martianov are
nominees of The Central Fuel Company and Gazprom Neft,
Trading in Sibir's shares was suspended in February on
London's AIM after it was revealed that debt from property
deals of one of its main shareholders, Shalva Chigirinsky, was
higher than had previously been announced. [ID:nLJ308825]
(Reporting by James Davey; Editing Bernard Orr)