On 22 October 2015, the VTB Supervisory Council elected Maxim Kondratenko a member of the Management Board of VTB Bank as of the date of his approval by the Central Bank of the Russian Federation.
Kondratenko previously served as Head of the Risks department and Senior vice president. He joined VTB Group in 2013 and is responsible for risk management. As a board member, he will be responsible for VTB Group’s risk management.
This appointment will help optimise the bank management system and further strengthen the risk management function for the whole Group, which is especially important in the current economic environment.