Changes in composition of Bank Vozrozhdenie Management Board

28 December 2012

The Board of Directors made a decision to elect Mrs. Tatyana Bondareva, Operating Director, and Mr. Alexey Ivanov, IT Director, as members of V.Bank Management Board upon getting consent of the Moscow MTA of the Bank of Russia.

On November 30, 2012, the Board of Directors approved the candidacies for election. The Moscow MTA of the Bank of Russia issued consent to the candidacies of Mrs. Bondareva and Mr. Ivanov confirming their compliance with qualification requirements to the banks’ board members stipulated by the Russian Law.

“Activity of the new Board members will serve to the bank’s main objective — modernization of the bank’s operating model,” noted Alexander Dolgopolov, Chairman of Management Board. “Modern IT-architecture and efficient operating structure to be developed under their supervision should contribute to enhancing quality of the bank’s services via centralization of back-office functions and speeding up operations processing. We also expect that it will boost our competitiveness and improve the bank’s efficiency”.

Mrs. Bondareva has a considerable experience in banking. In 1991, she started as an Inspector at Bank Menatep and progressed to the position of Vice President. In 1996 she left for Moscow Region Bank of Sberbank of Russia where she worked as the First Deputy Chairman till 2000. In 2000-2008, Mrs. Bondareva was a Managing Director of Commercial Banking Directorate of Bank Trust. In 2008-2012, she worked for Nomos bank as a Deputy Operating Director.

In 1990, Mrs. Tatyana Bondareva graduated from the Moscow Aviation Institute by S. Ordzhonikidze. In 1995, she completed her second higher education at the Academy of International Business with speciality in finance and credit.

Mr. Alexey Ivanov is an expert in banking as well. In 2001 he started his banking career in Alfa-Bank Bashkortostan. In 2003, Mr. Ivanov joined KMB BANK team as a System analyst in Implementation Division of IT Department and, by 2006 he had been promoted to the position of the Head of Implementation Division in IT System Development and Implementation Department. After 2006, Mr.Ivanov was a Project Manager in Project Management Department and an IT Managing Director at Bank Trust.

In 1995, Mr. Alexey Ivanov graduated from the Ufa State Technical University for Aviation with speciality in computing machinery, complexes, systems and networks.

Bank Vozrozhdenie Board of Directors held its regular meeting
Bank Vozrozhdenie raised the second tranche of subordination