Management Board

To ensure effective operational management the Board of Directors elects a corporate executive body — the bank’s Management Board.

The Management Board is responsible for fulfillment of the bank’s targets, strategy and policy stated by the General Meeting of Shareholders and the Board of Directors.

At present the Management Board consists of 5 members.

Remuneration to the members of the Management Board is paid in accordance with the Regulation on remuneration to executive bodies of the bank approved by the Board of Directors. Remuneration to the Chairman of the Management Board and members of the Management Board includes salary, incentive payments and compensations. Bonuses paid to the members of executive bodies depend on fulfillment of annual plans in terms of approved development strategy of the bank and is determined in accordance with the key indicators reached in the supervised business segments.

The remuneration (salaries, bonuses and other compensations) of the executive bodies, including the Chairman of the Management Board, for the year 2015 amounted to 198,431,912 rubles.

Regulations on the Executive Bodies (PDF, 239.7 KB) of Vozrozhdenie Bank

Members of the Management Board

Basmanov

Konstantin, 1974

Chairman of the Management Board

Full information

Mr Basmanov has joined the bank in 2015. His candidacy for the position of the Chairman of the Management Board was consented by the Bank of Russia on October 23, 2015 and on November 6, 2015 he was appointed. On November 27, 2015 he joined the Board of Directors of Vozrozhdenie Bank.

He graduated from the Khabarovsk State Economics and Law Academy with a degree in Finance and Credit and qualification Economics in 1996. In 2001 Konstantin Basmanov received postgraduate education in the frame of Corporate finances programme of Mitsubishi Research Institute. Inc. and in 2012  — in the frame of PSB Leadership Development Programme on the base of the University of Chicago Booth School of Business.

Employment history

Employment history for the five years preceding the date of the current appointment:

From January 12, 2009 to October 21, 2013 — Senior Vice-President — Head of the Sales Network Unit of Promsvyazbank OJSC. Key responsibilities: general management and control over the company’s activity across the following direction: development of the regional sales network, corporate business in the regional network.

From January 27, 2009 to November 9, 2015 — Member of the Management Board of Promsvyazbank PJSC. Key responsibilities: operating management of the company excluding issues covered by the competence of the general meeting of shareholders or the board of directors.

From April 4, 2011 to January 22, 2013 — Chairman of the Board of Directors of Kassa24 LLC.

From January 25, 2012 to date — Member of the Board of Directors of KHABAROVSK AIRPORT OJSC.

From October 22, 2013 to November 09, 2015 — Senior Vice-President — Head of SME Unit of Promsvyazbank OJSC. Key responsibilities: general management and control over the company’s activity across the following direction: development of the regional sales network, corporate business in the regional network, work with SME segment.

From January 22, 2015 to date — Member of the Management Board of All-Russian Non-Governmental Organisation of Small and Medium-Sized Business OPORA ROSSII. Key responsibilities: general management of the company excluding issues covered by the competence of the general meeting of participants.

From September 9, 2015 to November 9, 2015 — Advisor to the Chairman of the Management Board of Vozrozhdenie Bank. Key responsibilities: consulting the Chairman of the Management Board.

From November 10, 2015 to date — Chairman of the Management Board of Vozrozhdenie Bank. Key responsibilities: executive management of the bank in accordance with the Articles of Association and the Regulations on the Executive Bodies of Vozrozhdenie Bank adopted by the General Meeting of Shareholders.

From November 27, 2015 to date — Member of the Board of Directors of Vozrozhdenie Bank.

Nakhmanovich

Mark, 1957

Deputy Chairman of the Management Board

Full information

Mr Nakhmanovich has been working with the bank since 1993. Mark Nakhmanovich was appointed as the Deputy Chairman of the Management Board on September 23, 1993 and on August 28, 1997 his candidacy was consented by the Bank of Russia (at the moment of the appointment, the consent was not obligatory).

Mr Nakhmanovich supervises the activity of the Bank Cards and the Remote Sales Channels, the Security and the Cash Collection as well as the Retail Business Departments of Vozrozhdenie Bank.

He graduated from the Moscow Timiryazev Agricultural Academy with a degree in Economic Cybernetics in agriculture and qualification Economist-mathematician in agriculture in 1980. On March 24, 1989 Mark Nakhmanovich got a Doctorate of Economic Science.

Mr Nakhmanovich has been awarded with the title “Honoured economist of the Moscow Region” and the plaques of Honour of the Governor of the Moscow Region “In gratitude”, “For contribution” and “For Contribution and Dedication” as well as the medal of the President of the Russian Federation “In Commemoration of the 850th Anniversary of Moscow” and the diploma of distinction of the Governor of the Moscow Region.

Employment history

Employment history for the five years preceding the date of the current appointment:

From June 25, 1988 to March 31, 1989 — Senior HR economist of State Farm “Belaya Dacha”. Key responsibilities: overseeing issues of labour standardising, compensation and administration.

From April 1, 1989 to June 29, 1992 — Deputy Director on Economic Issues of State Farm “Belaya Dacha”. Key responsibilities: overseeing the Economic and Accounting Departments.

From June 30, 1992 to September 23, 1993 — Financial Director of ZAO “Belaya Dacha”. Key responsibilities: overseeing the Economic and Accounting Departments.

From September 23, 1993 to date — Deputy Chairman of the Management Board at Vozrozhdenie Bank. Key responsibilities: coordination of activity on cash operations at the bank’s Head Office, control over distributing and exercising branches’ authorities related to loan commitments on banking card products.

Shalimov

Andrey, 1973

Deputy Chairman of the Management Board

Full information

Mr Shalimov has been working with the bank since 1993 and in 2007 he joined the Management Board. His candidacy for the position of the Deputy Chairman of the Management Board was consented by the Bank of Russia on September 29, 2011 and on October 3, 2011 he was appointed.

He graduated from the Finance Academy under the Government of the Russian Federation with a degree in Finance and Credit and qualification Economics in 1995 and from the State University — High School of Economics with a degree in Legal Sciences and qualification Lawyer in 2004.

Mr Shalimov was awarded with the plaques of honour of the Governor of the Moscow Region “For Contribution” and “In Gratitude”.

Employment history

Employment history for the five years preceding the date of the current appointment:

From November 3, 2003 to October 2, 2011 — Head of the Treasury of Vozrozhdenie Bank. Key responsibilities: management of the Treasury, analysis of the bank’s assets and liabilities structure, liquidity management, management of the bank’s operations on financial markets, control over financial risks (currency, interest, market), financial markets analysis, development of the system of contractors’ limits, establishment of the system of internal distribution of resources and transfer pricing, control over open FX positions, economic norms of the bank’s activity and mandatory reserve deposits.

From October 3, 2011 to date — Deputy Chairman of the Management Board of Vozrozhdenie Bank. Key responsibilities: administration of external relations’ development and the bank’s activity on national and global financial markets, participation in organisation of lending processes in the bank; relations with tax authorities as related to the issues of tax legislation, control over tax accounting, settlements with the budget, property insurance control and preparation of the financial statements under the IFRS.

From June 1, 2015 to November 27, 2015 — member of the Board of Directors at Vozrozhdenie Bank.

From September 11, 2015 to November 9, 2015 — Acting Chairman of the Management Board of Vozrozhdenie Bank. Key responsibilities: executive management of the bank in accordance with the Articles of Association and the Regulations on the Executive Bodies of Vozrozhdenie Bank adopted by the General Meeting of Shareholders.

Dmitriev

Evgeniy, 1965

Head of Retail Business Department

Full information

Mr Dmitriev has been working with Vozrozhdenie Bank since 1994. On October 29, 2012 his candidacy for a position of a member of the Management Board was consented by the Bank of Russia and elected by the Board of Directors on November 30, 2012.

Mr Dmitriev currently supervises activity of the Retail Business and Bank Cards and Remote Sales Channels Departments of the bank.

Mr Dmitriev graduated from the Moscow Plekhanov Institute of National Economy with a degree in Economic Cybernetics and qualification Economist-mathematician in 1989.

Evgeniy Dmitriev has been awarded with the diploma of distinction of the Governor of the Moscow Region.

Employment history

Employment history for the five years preceding the date of the current appointment:

From May 1, 2002 to March 31, 2011 — Head of the Retail Department at Vozrozhdenie Bank. Key responsibilities: development of the bank’s retail product lines, organisation of promotion of retail products, development of the retail lending methodology, development and implementation of risk-assessment methods in retail lending, development of additional sales channels for retail banking products (payment terminals, partners), participation in development and approval of marketing materials.

From April 1, 2011 to January 26, 2016 — Head of the Retail Business Department at Vozrozhdenie Bank. Key responsibilities: elaboration of the development strategy of the retail business at the bank, organisation of activity on management of the retail loan portfolio and sales of the retail products, management of the module Offices reformatting in frame of the Project of operating model optimisation, development and implementation of methods of enhancing the retail business effectiveness, including the model of centralisation of retail business processes.

From January 26, 2016 to date — Head of the Retail Business. Key responsibilities: elaboration of the development strategy of the retail business at the bank, organisation of activity on management of the retail loan portfolio and sales of the retail products, management of the module Offices reformatting in frame of the Project of operating model optimisation, development and implementation of methods of enhancing the retail business effectiveness, including the model of centralisation of retail business processes, management of multi-channel banking services for retail customers.

Pavlov

Evgeniy, 1976

Head of Corporate business Block

Full information

Mr Pavlov has joined the Management Board in 2016. His candidacy for the position of a member of the Management Board was consented by the Bank of Russia on October 11, 2016 and on October 27, 2016 he was elected. Evgeniy Pavlov currently supervises the activity of the Corporate business Department and the Corporate lending Department.

He graduated from the Ural State Technical University (UPI) in 1998 and in 2001 he passed the Economic Science Ph.D. defense at the Institute of Economics of the Russian Academy of Sciences’ Ural Department. In 2009 Mr Pavlov got the MBA degree at Lomonosov Moscow State University.

Employment history

Employment history for the five years preceding the date of the current appointment:

From December 18, 2008 to July 01, 2014 — Deputy Chairman of the Management Board at Joint-stock commercial bank for trade and business facilitation “OKB-BANK”. Key responsibilities: raising funds of corporate clients; opening and maintaining legal entities’ accounts; lending the attracted funds to SMEs;  organisation of the Corporate business Department and the SME lending Department.

From July 02, 2014 to August 24, 2014 — Advisor to the Management Board of Promsvyazbank. Key responsibilities: raising funds of retail and corporate clients; lending the attracted funds to retail and corporate clients; opening and maintaining legal entities and individuals’ accounts; other operations of the Ural branch.

From August 25, 2014 to September 25, 2014 — Head of the Ural branch of Promsvyazbank. Key responsibilities: raising funds of retail and corporate clients; lending the attracted funds to retail and corporate clients; opening and maintaining legal entities and individuals’ accounts; other operations of the Ural branch.

From September 26, 2014 to July 04, 2016 — Vice-President - Head of the Ural branch of Promsvyazbank. Key responsibilities: management of the Ural branch of Promsvyazbank; coordination of the activity on attraction of  retail and corporate clients’ funds; organisation of the branches’ work on lending the attracted funds to retail and corporate clients and issuing banking guarantees; organisation of the process of clients attraction to settlement and cash banking services.

From July 05, 2016 to date — Head of the Corporate business Block at Vozrozhdenie Bank. Key responsibilities: management and coordination of the work of the Corporate business Block’s divisions; development of corporate business, consistent with the bank’s client-oriented strategy; provision of modern principles of client work; implementation of the effective risk-management mechanisms; coordination of the activity on attraction of corporate clients’ funds; management of divisions involved in lending the attracted funds to corporate clients and individual entrepreneurs and issuing banking guarantees; organisation of the process of corporate clients attraction to transactional and cash banking services; management and coordination of the Corporate business Block’s divisions and work with corporate clients across the branch network of the bank.

Information about bank’s shares owned by the Board members can be found in the list of affiliated persons and in the quarterly report on securities.