OREANDA-NEWS. June 29, 2012. Promsvyazbank has appointed Svetlana Ermolaeva as Director of Compliance.  Svetlana will be responsible for financial monitoring and compliance monitoring of Promsvyazbank’s financial market operations. Svetlana’s duties will include the development of a new group system that will cover all compliance risks and an integrated system of compliance monitoring as well as responsibility for Promsvyazbank’s compliance strategy, reported the press-centre of Promsvyazbank.

Ms Ermolaeva has been in the banking sector since 1995, working in compliance for the last six years. Prior to joining Promsvyazbank Ms Ermolaeva worked for Societe Generale, most recently as head of the compliance department and the responsible executive for prevention of legitimization of proceeds of crime and terrorist financing.  Previously she worked at Alfa Bank.

Ms Ermolaeva graduated with honours from the commercial activities faculty of the Technical School of Space Engineering and Technologies of Kaliningrad and from the accounting faculty of the Accounting Institute.

About Promsvyazbank
OJSC Promsvyazbank, founded in 1995, is one of the leading privately-owned Russian banks, with total assets of RUB 556 bn and total capital of RUB 71.3 bn under IFRS as of 1 April 2012. Holding company Promsvyaz Capital B. V. owns 88.25% of the Bank and the European Bank for Reconstruction and Development owns the remaining 11.75%. PSB has the following international credit ratings: “Ba2” from Moody’s Investors Service; “BB-” from Fitch Ratings. As at 1 May 2012, PSB had a network of about 290 points of sale including an overseas branch in Cyprus, and representative offices in China, India, Ukraine and Kazakhstan.http://eng.psbank.ru/