At its annual meeting of shareholders VTB Bank (PJSC) approved the new composition of the Management Board of its Armenian subsidiary VTB Bank (Armenia) .
ArmInfo was informed about this in the press service of the bank. The
corresponding decision of the sole shareholder N1 /2021 dated April
30, 2021 was published on the official website of VTB Bank (Armenia).
According to the source, Artur Javadyan and Mikhail Zaytsev are the
new members of the Council. Artur Javadyan is the RA Ambassador at
Large; who served from 2012 to 2020 as Chairman of the Central Bank
of the Republic of Armenia.
Mikhail Zaytsev is CFO for Medium and Small Corporate Businesses -
Senior Vice President of VTB Bank.
The Management Board of VTB Bank (Armenia) currently comprises: Head
of the Coordination Service of VTB Subsidiary Banks Sergey Stepanov;
Vice President, Head of Retail Business Development at VTB
Subsidiaries Ilnar Shaymardanov;
Advisor to the First Deputy President - Chairman of the VTB
Management Board, Senior Vice President of the Bank Alexander
In addition, the labor contracts of the Chairman and members of the
Board Directorate of VTB Bank (Armenia) were extended for another
term (2 years).
Ivan Telegin, Director General- Chairman of the Board of Directors;
Sofia Machkalyan, Deputy Director General - Chairman of the Board of
Directors; Veronika Karapetyan, Risk Department Director;
Ara Avagyan, Corporate Business Development Director;
Vahagn Durgaryan, Chief Accountant.
To note, "VTB Bank (Armenia)" CJSC became a member of the
international financial group VTB in April 2004. Currently, the
second largest PJSC VTB Bank in Russia owns 100% of the shares of VTB
Bank (Armenia). The bank traditionally ranks among the leaders of the
RA banking system in terms of key indicators. VTB Bank (Armenia)
holds the lead in terms of coverage of the branch network, numbering
73 divisions with a presence both in the capital and in all regions