OREANDA-NEWS. March 3, 2009. A decision was taken to early terminate powers of CJSC Roseximbank Board of Directors members at a regular meeting of Roseximbank Board of Directors. The new Board of Directors is comprised of Vnesheconombank First Deputy Chairman Nikolai Kosov, Deputy Finance Minister Dmitry Pankin, Management Board member – Vnesheconombank Deputy Chairman Petr Fradkov, the Ministry for Industry and Trade Foreign Economic Relations Department Director Georgy Kalamanov, Roseximbank Management Board Director Nikolai Gavrilov.

Management Board Member – Vnesheconombank First Deputy Chairman Nikolai Kosov was elected as Chairman of Roseximbank Board of Directors.

Subject to Federal Law dated May 17, 2007 № 82-FZ “On the Bank for Development” and by the Russian Government’s Instruction dated December 07, 2007 № 1766-r “On Contributing Shares into Vnesheconombank’s Charter Capital”, 100 percent of shares of State Specialized Russian Export-Import Bank is owned by State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’.