On 24 October 2013, the tenth annual Aristos awards ceremony took place in Moscow. At the ceremony, VTB Supervisory Council Chairman Sergey Dubinin won Best Independent Director of the Year.
Winners of the Aristos award, which ranks among the most prestigious business awards in Russia, are selected from among the managers of Russian companies who are at the top of their respective categories in the TOP 1,000 Russian Managers annual rating survey. The survey is compiled by the Association of Managers and published by Kommersant newspaper.
Members of the Award Academy, who are themselves CEOs and top managers of leading Russian companies, select the Aristos award recipients.
The award seeks to highlight best practice in business management, to promote the important role of business and to create a positive image of the business community in Russia and abroad.
«I am very happy that the expert community has given my work as an independent director, a professional representative, and Chairman of the VTB Supervisory Council such high marks. This is recognition of the bank’s strong corporate governance and its openness for shareholders. In recent years, independent directors have undoubtedly started playing a more significant role in Russian companies. I am confident that this nomination will facilitate the development of this important institution.»
Sergey Dubinin ,
Chairman of the Supervisory Council
The ARISTOS Award was established by the Association of Managers, an independent national public organisation that promotes corporate governance standards in Russia. The award is based on the “The Best Choose the Best” principle, where top managers assess the annual performance of their colleagues. This allows for the most objective assessment of personal reputation and professional competence, and ensures fair and clear criteria in selecting the winners. In the first stage, business leaders are selected in every category from across an economic sector. One winner is then selected from among the best industry representatives during the second stage.