
ArmInfo. Vagit Alekperov had resigned from his position as the President of Lukoil and from Lukoil's board of directors, the Company's press service reports
Thus, according to the source: "PJSC LUKOIL (hereinafter, the "Company") announces that the Company's President and member of the Board of Directors Vagit Alekperov informed the Company about his decision to resign as a member of the Board of Directors of PJSC LUKOIL and early resign as President of PJSC LUKOIL,. The respective notices of resignation were sent today to the Chairman of the Company's Board of Directors. As of 31 March 2022, Vagit Alekperov owns and votes 3.12% of shares in PJSC LUKOIL. Vagit Alekperov is also a beneficiary (including through family trusts or mutual funds) of 5.43% of shares in PJSC LUKOIL, in respect of which he has no voting rights. Therefore, Vagit Alekperov is not a controlling shareholder of PJSC LUKOIL."
Earlier, Alekperov was included in the UK sanctions list due to the Russian-Ukrainian war.
Alekperov has headed Lukoil since 1993, which is one of the country's largest private oil companies and produces 2 percent of the world's oil production.