Rosneft chief executive Igor Sechin has increased his stake once again in the oil giant – just days after it first emerged he had bought shares in the firm.
Sechin increased his stake in the state-controlled company to 0.0849%, after using his annual bonus to up his interests in Rosneft to $65million.
“The board of directors recommended that top managers should spend their annual bonuses to acquire shares of the company,” Sechin said in a statement.
“I think this programme can be extended through both personal funds and borrowings.”
The 52-year-old, who originally joined as chairman from the Russian government in 2004, has steered the company to become the world’s biggest producer..