Executive Board

In 2011, the Executive Board considered the following matters: business planning; assets and liabilities management; adoption of a risk-management integration policy; acquisition of DenizBank; a management concept for subsidiaries and associates; classification of loans and advances to customers; change in the bank’s organizational structure; participation in charity events and other issues.

AS OF DECEMBER 31, 2012, THE BOARD WAS COMPOSED OF 13 MANAGERS

According to the ruling of the bank’s Supervisory Board on November 16, 2012, effective from January 1, 2013:

• Alexander Morozov was appointed to the position of Deputy Chairman of the Executive Board;
• Nikolai Tsekhomsky was appointed to the position of Vice President, Director of Finance Departmant and joined the board;
• Vadim Kulik was appointed to the position of Senior Vice President and joined the board (effective from January 15, 2013);
• Anton Karamzin resigned from the board.

In accordance with the decision of the Supervisory Board on February 22, 2013:

• Vadim Kulik was approved to become Deputy Chairman of the Executive Board;
• Maxim Poletaev was elected Member of the board as of March 1, 2013;
• as of March 1, 2013, Victor Orlovsky resigned from the board.

For more information on the CEO and Chairman of the Executive Board and board members, please refer to the 2012 Annual Report, prepared in accordance with Russian securities legislation, and the bank’s website.

Tools:

• Abbreviations
• Glossary

• Contacts
• Corporate website