Vadim Kulik elected Deputy President and Chairman of VTB Bank

JSC VTB Bank (VTBR) 
Vadim Kulik elected Deputy President and Chairman of VTB Bank 
 
27-Sep-2019 / 08:54 CET/CEST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
               Vadim Kulik elected Deputy President and Chairman of VTB Bank 
 
 On 26 September, the Supervisory Council of VTB Bank passed a resolution to 
   elect Vadim Kulik as Deputy President - Chairman of the Management Board. 
  His appointment will become effective upon approval by the Central Bank of 
        Russia. In this position, Mr Kulik will oversee IT, Risk Management, 
                Operational Support, as well as Data Analysis and Modelling. 
 
  President and Chairman of VTB Bank Andrey Kostin said that the appointment 
of Vadim Kulik will contribute to further advancing of VTB Group's strategic 
                                                                 priorities. 
 
                                                                   Biography 
 
  Vadim Kulik was born on 14 August 1972. He graduated from Dmitry Mendeleev 
University of Chemical Technology of Russia and Plekhanov Russian University 
                            of Economics with a major in finance and credit. 
 
       He started his professional career in 1995 working as an economist at 
           Imperial Bank. Between 1998 and 2004, he held senior positions at 
 Probiznesbank, and joined VTB24 in 2004 as Senior Vice President - Director 
     of Risk Analysis Department. By 2008 he was promoted to the position of 
           Senior Vice-President - Director of Lending and Risks Department. 
 
   Between 2008 and 2017, Mr Kulik worked at Sberbank, where he moved up the 
 ranks from being Head of the Directorate for creating a centralised lending 
      back-office for retail customers to Deputy Executive Board Chairman in 
    charge of Technology and Risk units. Later he took the position of First 
    Deputy Chairman of the Executive Board at Otkritie, and worked as Deputy 
 Board Chairman at Gazprombank between 2017 and 2019, where he was in charge 
                            of information technology, risks and operations. 
 
ISIN:          US46630Q2021 
Category Code: MSCM 
TIDM:          VTBR 
LEI Code:      253400V1H6ART1UQ0N98 
Sequence No.:  21568 
EQS News ID:   881411 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

September 27, 2019 02:54 ET (06:54 GMT)