On 21 September, a grand opening of the Energy of Leadership program 2007-2008 of the VTB Corporate University took place in Moscow. The program is developed for training VTB management reserve and young directors of the Group. Following the results of the competition, 59 colleagues from the Head office, branches and VTB subsidiaries, including those from Armenia, Georgia and Ukraine, started their education at the University. More than 240 people took part in the competition.
The education program consists of such subjects as teambuilding, management, finance and budgeting, marketing, customer relationship, project management and human resource management. The education will be held as round-table discussions with VTB top managers and invited participants, as well as webinars, trainings and business simulations. The education will be held in a form of regular sessions (4 sessions a year, each of 5 days).
The representatives of VTB Group management, leading economists, professors and teachers from Moscow universities, consultants, and practitioners from the corporate banking are among the teaching stuff of the University.
According to VTB Senior Vice President Marina Oleshek, most of VTB personnel who had finished their education in the Corporate University, took executive positions in the Bank or its Group. "A further step in educational system development is to establish regional development centers on the basis of key branches of our credit institution. Besides, in October 2007 together with the Finance Academy under the Government of the Russian Federation an international program of the Corporate University is to be launched. The students from Angola, Namibia, Vietnam, India and China will become its participants. " - said M. Oleshek.
The VTB Corporate University was opened on 2 September 2005, and in November 2006 its first student graduated the University. Within the framework of the University there are 3 programs, such as Energy of Leadership (competition program for VTB management reserve), Effective Management (open program for VTB directors of organization department) and Strategy of Success (bonus program for the best graduates of the Corporate University.