Board of directors

Mr. Sergey Khegay is the Chairman of the Board of Directors.

He graduated from Almaty State Medical University, Kazakhstan, with a medical degree. He also has a master’s degree in business administration (MBA) from KIMEP University, Bang College of Business, Almaty. He has several professional certificates in the economic field, such as a broker, financial market management agent, and securities custodian.

Before joining the Group, Mr. Sergey Khegay held several roles in the financial sector. In 2010 he joined KMG International (Rompetrol), where he held several positions in budget and tax management and planning, as well as Capital Investment Manager. He currently holds the position of Group Security & Forensics Director at KMGI.

Mr. Sergey Khegay was appointed as a provisional member of the Board of Directors and Chairman of the Board of Directors as of October 15, 2024, until the next Ordinary General Meeting of Shareholders, according to Decision No. 1 of the Board of Directors of October 14, 2024.

By Decision No. 2 of October 14, 2024, the Board of Directors elected Mr. Sergey Khegay as a member and Chairman of the Strategy Committee.

CV - Sergey Khegay

Mr. Adrian Tohănean is currently the Chief Financial Officer of the KMG International Group (Rompetrol). From this function, he coordinates and implements, together with the Group's executive management, the strategic and tactical business plans.

With over 20 years of professional experience, Adrian Tohănean has been with our Group since 2007, during which time he held several managerial positions, such as Budget and Reporting Manager, Manager of Planning and Performance Management at the Group level, Finance Manager of Supply & Trading Business Unit. From these positions, he was directly involved in the creation of the main financial policies and procedures currently in place at Group level and their implementation, in alignment with international financial best practices.

Mr. Tohănean graduated from the Bucharest Academy of Economic Studies, where he was licensed in business administration, and, in parallel, the French-Romanian Institute of Management (Branch of the University Institute Management Professional Clermont-Ferrand, France), with the title of engineer-master - specialization in business management.

Adrian Tohănean was elected as a member of the Board of Directors on April 27, 2023, following the Ordinary General Meeting of Shareholders, for a term starting from May 1, 2023, until April 30, 2026.

By Decision no. 2 of 3 May 2023, the Board of Directors elected Mr. Adrian Tohănean as member of the Audit Committee.

CV – Adrian TOHĂNEAN

Mr. Nicolae Bogdan Codruț Stănescu* is the representative of the Ministry of Energy in the Board of Directors of Rompetrol Rafinare starting with 1 May 2018. He graduated in 1999 Oil and Gas University, Faculty of Petroleum and Petrochemical Processing.

With a license in legal rights in 1996, Doctor in Law at “Alexandru Ioan Cuza” Academy, Mr. Stanescu held several key positions as a legal expert between 1997-2001 at Galati Customs Authority and State Property Fund based in Bucharest.

During 2001 - 2010 he held the position of General Manager of AVAS (former APAPS). Subsequently, starting with 2010, he served as advisor to the Vice-Governor of Romanian National Bank. From 2013, for two years, he was the personal advisor of the Minister of Economy, from January 2015 until August 2016 he was General Manager of DGPAPSE within Ministruy of Energy.
From August 2019 until now he is the Chairman of the Executive Board within SAPE – Societatea de Administrare a Participatiilor Statului in Energie S.A.

He has participated as a lecturer at international conferences and renowned courses dealing with legal mediation and financial issues in banking.

Mr. Stanescu was elected as member of the Board of Directors at the General Meeting of Shareholders on April 27, 2018 and re-elected in this position by the Resolution no. 3/2022 of OGMS of 28 April 2022, for a term that will end on 30.04.2026.

He was one of the Company’s directors also between 12.06.2015 and 27.04.2016

Starting with May 3, 2018, he was elected member of the Audit Committee.

* Independent member as per the criteria of the Bucharest Stock Exchange Corporate Governance Code, criteria which are substantially similar with those provided by the Company Law no.31/1990.

CV - Nicolae Bogdan Codruț Stănescu

Mr. Bogdan Cătălin Steriopol is the representative of the Ministry of Energy in the Board of Directors, starting with 4 June 2020.

In 2008, Mr. Bogdan Cătălin Steriopol graduated from the Faculty of Marketing within the “Artifex” University in Bucharest, obtaining the Bachelor's Degree and the qualification of Economist. Also, Mr. Bogdan Cătălin Steriopol holds a Master Degree from the "Mihai Viteazu" National Intelligence Academy in Bucharest, with a professional experience of over 10 years in the field of media and communication.

Between 2017 and 2019, Mr. Steriopol held the position of Specialty Referent within the Transelectrica S.A. Company. Then, he held the position of Expert in the Monitoring Service of the Termoenergetica Intercommunity Development Association Bucharest – Ilfov.

In November 2019, he was appoinernted Counsellor in the Ministry of Education and Research.

Mr. Bogdan Cătălin Steriopol was an interim director in the Board of Directors between 4 June 2020 and 18 September 2020. Then, he was elected permanent director by Resolution no. 6/2020 of the Ordinary General Meeting of Shareholders of 18 September 2020. He was re-elected in this position by the Resolution no. 3/2022 of the Ordinary General Meeting of Shareholders of 28 April 2022, for a term that will expire on 30 April 2026, the expiry date of the term for the current directors.

Starting with May 9, 2022, he was elected member of the Strategy Committee.

* Independent member as per the criteria of the Bucharest Stock Exchange Corporate Governance Code, criteria which are substantially similar with those provided by the Company Law no.31/1990.

CV - Bogdan Cătălin Steriopol

Ms. Tamila Mikulich holds a Bachelor's degree in Information Systems Management from the International Christian University, Vienna and a CIPD certificate (Chartered Institute of Personnel and Development) from the Bradfield Group, Dubai.

Ms. Tamila Mikulich has been Group Administrative Director at KMG International since March 2023, a position from which she defines and implements strategy for the coordinated functions. In line with this capacity, she has responsibilities in several areas such as Human Resources, Internal Communication and Events, Public Relations, Corporate Digital Communication, Corporate Marketing, Chancellery and Protocol, Representative Office in Kazakhstan and KMG International's office in the Netherlands.

Prior to joining KMG International Group, Tamila Mikulich gained more than 17 years of experience in the areas of business productivity improvement, business analysis, human resource management and brand management in various companies including KazakhstanTemirZholy, Ernst & Young, KazMunayGas, Samruk Kazyna - National Fund of Kazakhstan.

Ms. Tamila Mikulich was appointed as an interim member of the Board of Directors starting with August 1st, 2023, until the next Ordinary General Meeting of Shareholders, in accordance with Decision of the Board of Directors of July 24, 2023.

By Resolution no. 2/2024 of the Ordinary General Meeting of Shareholders of 26 April 2024 she was elected as permanent director for a mandate for a term starting with April 26, 2024 (date of OGMS) and which will expire on 30 April 2026, the expiry date of the term for all current directors.

Starting with  August 1, 2023, she was elected member of the Strategy Committee.

CV - Tamila Mikulich

Mr. Constantin Saragea is a graduate of the Faculty of Automation and Computers of the Polytechnic University of Bucharest. He is also a graduate of a postgraduate course in "Management of Public Institutions" at the Bucharest Academy of Economic Studies and a master’s degree student of the Faculty of Automation and Computers at the Polytechnic University of Bucharest - specialization "Advanced Automation".

With almost 19 years of professional experience, Constantin Saragea has held roles in quality control or project management, and since 2005 has headed several offices within the Ministries of Finance, Regional Development, Public Administration and European Funds, with responsibilities including coordination of the National Recovery and Resilience Plan. In the past, Mr. Saragea was General Secretary of Ministry of Research, Innovation and Digitalization. Also, he was a member in the Directorate of the company National Power Grid Company "Transelectrica" S.A., between June 2018 – June 2019.

Currently, Mr. Saragea is Secretary General of Ministry of Energy.

Mr. Constantin Saragea was appointed as an interim member of the Board of Directors starting with August 1st, 2023, until the next Ordinary General Meeting of Shareholders, in accordance with the Decision of the Board of Directors of July 24, 2023.

By Resolution no. 2/2024 of the Ordinary General Meeting of Shareholders of 26 April 2024 he was elected as permanent member for a mandate for a term starting with April 26, 2024 (date of OGMS) and which will expire on 30 April 2026, the expiry date of the term for all current directors.

Starting with  August 1, 2023, he was elected member of the Strategy Committee.

CV - Constantin Saragea

Mr. Pavel Romanenko has a bachelor's degree in geophysics, but also a master's degree in petroleum engineering obtained at the Kazakh-British Technical University in Almaty. He also holds several certifications in drilling, geomechanics or hydraulic fracturing.

Mr. Pavel Romanenko is, at the moment, Operational Director of KMG Rafinare, a company in which he has been active since May 2023.

Before joining the KMG International Group, Pavel Romanenko held various roles, including management, mainly in the upstream sector: drilling engineer, senior petrophysicist, chief geologist or senior geologist.

He was appointed as a member of the Board of Directors starting with the Ordinary General Meeting of Shareholders (April 26), with a mandate until April 30, 2026, according to the Resolution no. 2/2024 adopted by the Ordinary general Meeting of Shareholders as of April 26, 2024.

Starting with October 15, 2024, he was elected member of the Strategy Committee.

CV – Pavel Romanenko