Putin loyalist Miller re-elected as Gazprom's chairman

By bne IntelliNews February 17, 2016

The head of Russia's largest natural gas producer and pipeline exports monopolist Gazprom Alexei Miller has been unanimously re-elected as the chairman of the board for another term of five years, the company said on February 16.

Miller, 52, is a close ally and personal friend of President Vladimir Putin, and one of the heavyweight bureaucrats that moved with Putin from Saint Petersburg to Moscow to take up key positions in the state apparatus and major state-controlled companies.

Miller served with the Committee for External Relations of the Saint Petersburg Mayor's office under Putin back in the 1990s.

He was appointed CEO of Gazprom in 2001 after Putin's rise to the Kremlin the previous year, and replaced the Yeltsin-era bureaucrat Rem Vyakhirev, who managed the energy company since 1992.

Under Miller, Gazprom was the largest hydrocarbon company in Russia and the Kremlin's economic backbone, until the consolidation of oil extraction assets under what became Russia's largest oil company Rosneft by another Putin ally, Igor Sechin.

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