Wagit Alekperow

Wagit Alekperow is a prominent Russian businessman and the co-founder of Lukoil, Russia's second-largest oil company. Born in 1952 in the Republic of Tatarstan, he served as the company's president and CEO since its inception in 1991, overseeing its growth into a major player in the global oil market. Alekperow's background as a former Soviet oil minister allowed him to navigate the complexities of Russia's transition from a state-controlled to a more market-oriented economy. Under his leadership, Lukoil expanded its operations internationally, but recent sanctions against Russia have forced the company to reevaluate its foreign business engagements.