OREANDA-NEWS. On August 25, 2009 VTB Bank Supervisory Council elected Vasily Titov, Deputy Chairman of the Board, as First Deputy Chairman of the VTB Bank Management Board, reported the press-centre of VTB Bank.

VTB Bank Supervisory Council also elected Erkin Norov, Senior Vice President and Head of Internal Control Division, as a member of the VTB Bank Management Board.

The Bank’s organization structure is changing which includes establishing a new department on the base of the Internal Control Division. The Supervisory Council approved the Regulations of the new Internal Control Department with Mr. Norov as the head of this new structural unit.