VTB Supervisory Council has made a decision to establish Strategy and Corporate Governance Committee.
The members of the Committee are:
The Committee is to assist VTB Supervisory Council in taking decisions on VTB’s strategic development and optimization of its corporate governance.
The Committee is set up with account of the best Russian and foreign corporate governance practices. In particular, half of the Committee membership is represented by independent directors.
The main tasks of the Committee are:
The first meeting of the Committee is scheduled for early April 2011. The planned agenda includes such items as dividend amount and payment procedure for 2010, as well as monitoring of VTB Group Strategy for