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VTB Bank Supervisory Board appoints Mikhail Oseevskiy as Deputy President and Chairman of Management Board

25 July 2012
On 25 July 2012, VTB Bank Supervisory Council appointed Mikhail Oseevskiy Deputy President and Chairman of the Management Board at VTB Bank. His appointment will become effective upon approval of his candidacy by the Central Bank of Russia. 

Mikhail Oseevskiy has extensive experience in both the public sector and the banking industry. As Deputy President and Chairman of the Management Board at VTB Bank, Mikhail Oseevskiy will be responsible for developing VTB's regional network. 

Andrey Kostin, VTB Bank President and Chairman of the Management Board said: “The development of VTB’s regional network is a key priority. Mikhail Oseevskiy has extensive professional experience and excellent business skills. I am confident that he will strengthen VTB’s management team, and this appointment will help ensure the further efficient growth of the Group's franchise.”

Mikhail Oseevskiy was born on 30 November 1960. He graduated from the Kalinin Leningrad Polytechnic Institute, and holds a PhD in economics. In early 2012, Oseevskiy was appointed Russia’s Deputy Minister of Economic Development. From 2003 to 2011, Mikhail Oseevskiy was Vice Governor of St Petersburg, and previously held various management positions at JSC Industry and Construction Bank and St Petersburg Currency Exchange (SPCEX). Mikhail Oseevskiy has been awarded the Medal of the Order for Merit to the Fatherland, 2nd class, and the Order of Friendship.

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