VTB Bank

VTB Bank

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VTB Bank

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Description:
Bank VTB (Russian: ОАО "Банк ВТБ"),(, , MICEX: ) former Vneshtorgbank, is one of the leading universal banks of Russia and the largest in terms of authorized capital.

As of 31 December 2005 according to IFRS (consolidated), its shareholders equity totaled $5.3 billion. In December 2007 The bank sold its 5% stake in the European Aeronautic Defence and Space Company, which it purchased for $1 billion in 2006, to the Russian Development Bank VEB for $1.45bn.

Management

<!-- As the information about the current board of directors and management committee will certainly be of some interest even when outdated, please, keep it here and add updates below -->As of September 2009, the Supervisory Council of VTB Bank consists of Alexei Kudrin (Deputy Prime Minister, Minister of Finance of the Russian Federation), Arkady Dvorkovich (Aide to the President of the Russian Federation), Anton Drozdov (Chairman of the Management Board, Russian Pension Fund), Andrey Kostin (President and Chairman of the Management Board, JSC VTB Bank ), Alexey Savatyugin (Head of Financial Policy Department of the Ministry of Finance of the Russian Federation), Vitaly Saveliev (CEO, JSC Aeroflot-Russian Airlines), Alexei Ulyukaev (First Deputy Chairman of the Central Bank of the Russian Federation), Grigory Glazkov (Independent Consultant), Matthias Warnig (Managing Director, Nord Stream AG), Nikolai Kropachev (Rector of the St. Petersburg...
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