OREANDA-NEWS. On 16 June 2014, the Annual General Meeting of the Bank's shareholders elected new members of the Board of Directors.

Total number of the Board members remained the same (9 members). The Board currently comprises the following members:

Ruben Aganbegyan, CEO, Chairman of the Managing Board, Otkritie Holding JSC

Irina Gordeeva, Deputy President, Member of the Managing Board, Bank Otkritie Financial Corporation (Open Joint-Stock Company)

Evgeny Dankevich, Chairman of the Managing Board, OTKRITIE Bank (JSC)

Alexander Dolzhich, First Deputy Chairman, Otkritie Holding JSC

Stanislav Nikitin, Vice President - Treasurer, LUKOIL (reelected)

Olga Plaksina, Member of the Board of Directors, Chairperson of the Managing Board, IFD Kapital (reelected)

Dmitry Romaev, President, Chairman of the Managing Board, Member of the Supervisory Board, Bank Otkritie Financial Corporation (Open Joint-Stock Company)

Vladimir Rykunov, President, Chairman of the Managing Board, Bank Petrocommerce

Svetlana Tselminsh, CFO, Otkritie Holding JSC

"The new composition of the Bank's Board reflects the integration processes, which are currently underway", - noted Vladimir Rykunov, President of Bank Petrocommerce.

On 31 October, 2013, IFD Kapital Group and Otkritie Holding announced a new stage of strategic partnership. By the end of 2014, the shareholding of Otkritie Holding in the Bank's capital will reach at least 95%. IFD Kapital will own a stake of 19.9% in Otkritie Holding. In 2015, Bank Petrocommerce will become part of Bank Otkritie Financial Corporation, which is the parent company of the Otkritie banking group and its corporate investment arm.