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Vneshtorgbank holds a Supervisory Council Meeting

25 December 2002

On December 24, 2002, a meeting of the Supervisory Council of Vneshtorgbank JSC took place. The agenda included a number of organisational and operational issues.

Under the decisions made by the Council, Alexey Kudrin, Vice Premier of the Russian Federation and Minister of Finance, was elected Chairman of the Supervisory Council, and Igor Turuev was appointed VTB Compliance Officer.

Also, the Supervisory Council supported the Board of Directors` initiative to launch two new branches of the Bank in Kemerovo and Tolyatty starting in 2003.

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