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Shareholders of the Russian Commercial Bank (Cyprus) meet at their annual general meeting

 
8 July 2005
On 8 July 2005, an annual general meeting of the shareholders of the Russian Commercial Bank (Cyprus) Ltd. (Limassol, Cyprus) took place in Limassol, Cyprus. Vneshtorgbank is a 100% holder of the bank`s shares. The meeting made a decision to free Andrey Serebryakov, the head of the Russian Commercial Bank (Cyprus), owing to his new employment, and to appoint Mikhail Kuzovlev, CEO of GUTA-BANK before that, which is also a subsidiary of VTB, as Chief Executive Officer of the Russian Commercial Bank (Cyprus).

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