Supervisory council

VTB’s Supervisory Council acts under applicable Russian law, the Bank’s Charter, the Regulation on the Supervisory Council and other VTB Bank by-laws. The Supervisory Council decides on general matters, including the Bank’s development strategy, except for those falling within the terms of reference of the General Shareholders Meeting under applicable Russian law and the Charter.

The members of the Supervisory Council were elected during the Annual General Meeting of Shareholders on April 26, 2017.