OREANDA-NEWS. On November 28, 2007 on its meeting VTB Bank North-West Supervisory Council made a decision to satisfy the request made by Vladimir Skatkin, Chairman of the Bank’s Management Board, to terminate his Employment Contract as from 30 November 2007, reported the press-centre of VTB.

Vladimir Skatkin has worked for the Bank since 1995 as Deputy Chairman of the Management Board, since 2001 – First Deputy Chairman. In January 2006, he was appointed Chairman of the Bank’s Management Board.

Andrei Kostin, VTB Bank Chairman and CEO, who is also Chairman of VTB Bank North-West Supervisory Council emphasized “We are thankful to Vladimir Skatkin for his contribution to the development of VTB Bank North West, for his fruitful work that allowed as to proactively enhance banking operations in the North-West Federal Constituency under the integration of VTB North-West into VTB Group”.

At its meeting the Supervisory Council also considered the election of new members of the Management Board and appointment of Chairman of VTB Bank North-West Management Board.

The Supervisory Council approved the candidate of Dmitry Olyunin to be appointed as VTB Bank North-West Chairman of the Board. Presently, Mr Olyunin is First Deputy Chairman. Starting from 1 December 2007 and until the candidate is agreed upon by the St.Petersburg Main Department of the Central Bank of Russia, Mr Olyunin shall be Acting Chairman of VTB Bank North-West Management Board.

The Supervisory Council also approved candidates of Denis Bortnikov, current Deputy Chairman of the Management Board, Sergei Bochkarev, also current Deputy Chairman, and Nellya Petrunenko, Chief Accountant, to be newly elected as members of the Management Board after the St.Petersburg Main Department of the Central Bank of Russia gives its consent.

Dmitry Yu. Olyunin
Born on 23 October 1968, in Leningrad. In 1993, he graduated from the Department of Economics the Moscow State University named after M.Lomonosov.

From 1996 till 2003, Mr Olyunin was a top manager of the Russian Regional Development  Bank. From 2004, Mr Olyunin worked for Vneshtorgbank as a Vice President. In February 2006, he was appointed First Deputy Chairman of the Management Board of the JSC ICB in charge of ICB integration into VTB Group.

Denis Al. Bortnikov
Born on 19 November 1974, in the Leningradskaya Oblast. In 1996 – graduated from St. Petersburg University of Economics and Finance.

From 1996 till 2004, Mr Bortnikov worked for JSC ICB. From 2004 – Counselor to Manager of North-West Branch of JSC GUTA-BANK. From 2005 – Deputy Manager of CJSC Vneshtorgbank Retail Financial Services.

From 2006 – Deputy Manager of St. Petersburg Branch of VTB Bank. On 20 November 2007, he was appointed Deputy Chairman of the Management Board of VTB Bank North-West.

Sergei V. Bochkarev
Born on 27 June 1962, in Petropavlovsky-Kamchatsky. In 1984 – graduated from Kiev Military Higher Institution of Communications, in 1995  – Inter-Industrial Institute of Retraining of St.Petersburg State Academy of Engineering and Economics, with a specialization in economics. Holds a Master of Economics Degree.

From 1994 till 2001 – worked in Petrovsky Bank as a Deputy Chairman. In 2001 – Vice President in “Moscow Business World” Bank. In 2001-2002 – Vice President of CJSC “St. Petersburg Banking House”. Since November 2002 – Deputy Chairman of the Management Board of JSC ICB, head of Retail Project.

Nellya Iv. Petrunenko
Born in Komsomolsk-on the Amur (Khabarovsky Krai). Graduated from Kiev Technological Higher Institute of Food Industry.

Since the 80-ies – has been with JSC ICB. From 1981 to 1987 – worked in the Leningrad regional office of the USSR Stroibank, where Ms Petrunenko grew from senior economist to chief accountant. From 1988 – Deputy Chief Accountant of the Leningrad Regional Department of the USSR Promstroibank. After Promstroibank was turned into a public company in 1990 and till 2003 – Chief Accountant, Member of the Board. Since 2003 – Deputy Chief Accountant of JSC ICB. Since February 2007 – Chief Accountant of the Bank.

In June 2007, registration procedures related to renaming of JSC ICB into JSC VTB Bank North-West were actually completed.

JSC VTB Bank holds 75% + 3 of the outstanding ordinary shares of VTB Bank North-West.

Andrei Kostin, VTB Bank Chairman and CEO, is also Chairman of VTB Bank North-West Supervisory Council.