OREANDA-NEWS. November 02, 2011. The crew of top managers with significant amount of banking experience (including Igor Kim, the banker) has recently accomplished with the purchase of the Russian Barclays Bank from its associated company – Barclays Group. New bank members are currently planning to develop the company at the current platform and get it to the level of leading financial foundation of the Russian Banking Market within the midterm, reported the press-centre of Barclays Bank.

The business will be headed by Kirill Nifontov. The Committee of Directors of Barclays Bank has offered him a position of Chairman of the Board of Barclays Bank, LLC. This appointment shall be agreed with Central Bank of the Russian Federation.

Kirill Nifontov has a more than 12 years-old experience of work in various credit establishments, including managing positions. He started his banking career at UralVneshTorgBank, JSC, where he started as a specialist and got through Executive Manager. From 2005 to 2008 he worked as a Counsellor of the Chairman of the Board, the Chairman of the Board of ZjelDorBank, JSC, and later became the head of EtalonBank, JSC.

Kirill is a member of Committees of Directors of Vostochny Express Bank, JSC, Gorodskoy Ipotechny Bank, LLC, and Barclays Bank, LLC.

About Barclays Bank Russia
Barclays Bank Russia is offering retail banking, credit cards, commercial banking and wealth management products and services.

Employing 1,000 people, Barclays Bank Russia serves about 400,000 customers and clients across the country through a network of 400 ATMs and more than 17 branches and service centres.