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On appointments in Vneshtorgbank

 
23 January 2006

In compliance with a relative decision by the Management Board, Vladimir Malyshev is appointed General Manager of Vneshtorgbank`s branch in St. Petersburg.

Denis Bortnikov is appointed Deputy General Manager.

Vneshtorgbank has been pursuing a policy of expanding its presence in the Northwest region. In October 2005, Vneshtorgbank legally transferred its Head Office to St. Petersburg. In December same year, VTB acquired a controlling interest in the Industry and Construction Bank (Promstroybank) and opened a new office in St. Petersburg.

The Bank has already signed Cooperation agreements with the Administration of St. Petersburg and the Government of the Leningradskaya oblast. The agreements are aimed at enhancing long-term and mutually reinforcing financing and economic relationships. Within the framework of the agreements, some investment projects have already started getting finance to improve economic performance of the region. In particular, VTB has provided finance to support a number of core projects in the utilities sphere of the city. Among these projects is a construction of the heating main from the Northwest heat and power plant to Pimorsk boiling house, as well as financing "Water Channel of St. Petersburg" company to improve water supply to the city and to construct water purification plants.

Vneshtorgbank`s branch in St. Petersburg is one of the leading and efficient branches of the Bank; it is ranked 1st in its regional branch network in terms of assets. Over the first 10 month of 2005, the total assets of the branch have grown more than twofold, its Loan Portfolio increased more than 2.5 times, and more than 1,100 new customers applied for services with St. Petersburg branch. Its structure embraces 10 offices, and 49 ATMs throughout St. Petersburg.

Biography
Malyshev Vladimir Petrovitch

Born on 29 June 1973, in the town of Otradnoe, Leningradskaya oblast.

1995 - graduated from St. Petersburg University of Economics and Finance, majoring in National Economics.
2001- graduated from St. Petersburg Sea Technological University, majoring in Law
1995 to 1998 - Deputy General Director, Konsaud Agency.
1998 to 2000 - Inspection officer, Main Department of the Bank in Russia in the Leningradskaya oblast.
2000 to 2001- Deputy Chairman of the Management Board, Sea Trade and Industry Bank.
2002 to 2004- General Manager of MDM Bank`s branch in St. Petersburg.
Since 2004- General Manager of the Northwest Branch of Vneshtorgbank Retail Financial Services.


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