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Vladimir Yakushev appointed CEO of the Northern Capital Gateway Consortium

20 May 2016


Vladimir Yakushev was appointed as CEO of the Northern Capital Gateway Consortium (NCGC), the operator of Pulkovo Airport. He will replace Sergei Furs, acting head of the NCGC since February 2016.

Mr. Yakushev will focus on further developing the airport as a major transportation hub in the Northwestern Federal District and enhancing the company’s operational efficiency in line with the long-term strategy.

Yuri Soloviev, First Deputy President and Chairman of VTB Bank Management Board said: "In 2015, Pulkovo’s financial performance demonstrated improvement, the first stage of the reconstruction and development project was completed, and new routes were introduced. One of the factors contributing to the progress was the implementation of the operational efficiency improvement program, and we are confident that Vladimir Yakushev’s extensive experience in this area will strengthen Pulkovo’s position as one of Russia’s major transportation hubs."

Vladimir Yakushev has over 20 years of experience in financial consulting and investment business. Previously he has overseen projects to enhance companies’ business efficiency and was the co-founder of S-Group Capital Management, a direct and venture investment fund managing over $1 billion worth of assets. Prior to that, Mr. Yakushev was the COO of Severstal Resurs, where he implemented a new operational model and secured the company’s position as efficiency leader in its segment.

Mr. Yakushev holds an honors master’s degree from the Moscow Institute of Physics and Technology and an MBA from the international business school INSEAD.

The reconstruction and development of Pulkovo Airport has received numerous prestigious international awards. In 2015, Pulkovo was ranked as one of the best five airports in Europe by Airport Council International. Pulkovo Airport PPP is the only Russian airport to be included in the KPMG rating of 100 most innovative global infrastructure projects, while EMEA Finance named the airport «Best infrastructure deal in EMEA." In addition, the airport was honored with the national infrastructure award «ROSINFRA» as the best project in the airport category.

About VTB Group
JSC VTB Bank, its subsidiary banks and financial organisations (VTB Group or the Group) comprise a leading Russian financial group, offering a wide range of financial and banking services and products in Russia, the CIS, and select countries of Europe, North America, Asia, and Africa. The Group operates in Russia through the parent company VTB Bank and its five subsidiary banks. VTB Group’s largest subsidiary banks in Russia are VTB24 and Bank of Moscow. Its subsidiary financial organisations offer insurance, leasing, factoring, and other financial services, as well as services on the stock market.
VTB Group has the most extensive international network of any Russian bank, with more than 30 banks and financial companies in more than 20 countries.

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