OREANDA-NEWS. June 22, 2007. On the meeting the Supervisory Board of JSC VTB Bank (“VTB” or “the Bank”) approved a new list of management board members. Nikolai Tsekhomsky, Olga Dergunova, Evgueny Novikov and Andrei Puchkov were all elected to become members of the management board. The remaining members were all re-elected. As a result, the management board is now comprised as follows:

Andrei Leonidovitch Kostin – Chairman of the Management Board and CEO
Vadim Olegovitch Levin – First Deputy Chairman
Igor Nikolaevitch Zavyalov – Deputy Chairman
Gennadi Vladimirovitch Soldatenkov – Deputy Chairman
Vassily Nikolaevitch Titov – Deputy Chairman
Yulia Germanovna Chupina – Deputy Chairman
Olga Konstantinovna Dergunova – Member of the Board
Evgueny Valerievitch Novikov – Member of the Board
Andrei Sergeevitch Puchkov – Member of the Board
Nikolai Viktorovitch Tsekhomsky – Member of the Board

The Management Board, VTB’s collective executive body, are elected by the Supervisory Council and are responsible for the day-to-day management and administration of the Group’s activities.

The following members have also stepped down from the management board.
Alexei Ivanovitch Akinshin
Vasily Vyatcheslavovitch Kirpitchev
Konstantin Gennadievitch Kozhevnikov
Erkin Rahmatovitch Norov