The Audit Commission of Vozrozhdenie Bank is the body responsible for control over financial and business activity of the Bank elected by the General Meeting of shareholders.
The Audit Commission is entitled to:
- Audit the financial and business activity of the Bank
- Review compliance of the current operations with the financial and business plan (budget)
- Audit the Bank’s financial position
- Review the Bank’s compliance with the set standards and limits as well as functioning of the internal control and risk management systems
- Review of timeliness and correctness of payments to budget and non-budget funds, dividends accrual and payment, as well as payment of employees remunerations and social insurance
The Audit Commission reviews the correctness of profit distribution, confirms reliability of the annual report data and investigates facts of insider information misuse.
The Audit Commission develops recommendations to the Board of Directors and the Management Board of the Bank on improvement of financial and business activity of the Bank.
Members of the Audit Commission
Sergey V. Talyantsev
Head of Division – Vice-President of the Group’s Internal Audit Division, Internal Audit Department of VTB PJSC
Denis Yu. Ivanov
Head of Group Banks’ Monitoring and Audit Desk, Internal Audit Division, Internal Audit Department of VTB PJSC
Alexander N. Ovchinnikov
Expert of Group Banks’ Monitoring and Audit Desk, Internal Audit Division, Internal Audit Department of VTB PJSC
Maria V. Furzikova
Expert of Group Banks’ Monitoring and Audit Desk, Internal Audit Division, Internal Audit Department of VTB PJSC