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Armin Bolch is appointed LLK-International Deputy General Director for Development

Armin Bolch, former top-manager at Daimler AG, has been appointed LLK-International LLC Deputy General Director for Development. A. Bolch will be responsible for co-operation with major global far manufacturers under the conditions of active development of LUKOIL’s lubricants business on international markets. He will head the search for new global distribution channels for LUKOIL products and also intends to facilitate appearance on the market of new products developed by order of key clients throughout the world.

Armin Bolch was born in 1964 in Heilbronn (Germany). He graduated in banking from the Higher School of Economics.

From 1999 to 2000, Armin Bolch worked within the BP international oil and gas corporation as regional manager for lubricant sales and, from 2000, was head of strategic projects for motor lubricants on the territory of Germany.

From 2005 to 2008, Armin Bolch was Director for Spare Parts Sales and Marketing at Daimler AG and, from 2008 to 2011, Director for Sales and Production and head of the Innovation Group of Mercedes-Benz Lubricants at Daimler AG. While he headed up the Group, its sales reached 18.3 million litres per annum and brought in 293 million Euros.

“It is a great honour for me to become a member of the LUKOIL team and take over responsibility for the development of the Company’s lubricants business”, noted Armin Bolch. “LUKOIL is destined to become an even more important player on the global market and achieve a great deal. The lubricants business is directly connected with technical innovations and I am convinced that, by our joint efforts, we will achieve great success”.