Annual Report / 2019 MANAGEMENT BOARD Andrey Kostin President and Chairman of the Management Board Andrey Puchkov Yuri Soloviev Denis Bortnikov Olga Dergunova Vadim Kulik First Deputy President First Deputy President Deputy President Deputy President Deputy President and Chairman and Chairman and Chairman and Chairman and Chairman of the Management of the Management of the Management of the Management of the Management Board Board Board Board Board Valery Lukyanenko Anatoly Pechatnikov Maxim Kondratenko Erkin Norov Dmitry Pianov Deputy President Deputy President Member of the Member of the Member of the and Chairman and Chairman Management Board Management Board Management Board of the Management of the Management Board Board 132 1 2 3 4 5 6 7 8 Corporate Governance MEMBERS OF THE MANAGEMENT BOARD In 2019, Vadim Kulik (29 October 2019) joined Dmitry Olyunin (31 January 2020), Oleg Smirnov the Management Board1 of VTB Bank as Deputy (13 January 2020) and Valery Chulkov (17 January President and Chairman of the Board, and Oleg 2020) left the Board. Smirnov (18 January 2019) joined as a member of the Management Board. Andrey Kostin Term of office in accordance with employment contract: 10 June 2017 to 9 June 2022 President and Chairman of the Management Board Born in 1956 Professional activities: For a detailed biography, see the Corporate Since 2002 President and Chairman of the VTB Bank Governance / Supervisory Management Board Council section. Andrey Puchkov Ownership of shares Term of office in accordance with employment contract: in the Bank as of 31 December 2019 10 June 2017 to 9 June 2022 % of ordinary shares ► 0.0003 % % of charter capital ► 0.00006 % First Deputy President and Chairman of the Management Board Oversees the legal and administrative areas, as well as work with non-core and bad assets Born in 1977 Education: Senior Vice President (Head of Department), Senior Vice President, member of the Management Board, 1998 – Lomonosov Moscow State University, law degree Deputy President and Chairman of the Management Board with a specialisation in jurisprudence 1999–2002 Member of the Moscow City Bar Association Professional activities: Positions in other organisations: Joined VTB Bank in 2002 • Chairman of the Board of Directors of VTB Debt Centre Since February 2018, First Deputy President • Chairman of the Board of Directors of Hals-Development and Chairman of the Management Board • Chairman of the Board of Directors of BM Bank Before February 2018, held the following positions • Chairman of the Board of Directors of Dynamo in the Bank’s legal department: Deputy Head of Department, Management Company Head of Department, Vice President (Head of Department), 1 The biographies of the members of the Management Board are as of 31 December 2019; their powers and functions are as of 29 February 2020. 133 Annual Report / 2019 Yuri Soloviev Ownership of shares as of 31 December 2019 Term of office in accordance with employment contract: in the Bank 10 June 2017 to 9 June 2022 % of ordinary shares ► 0.01819 % % of charter capital ► 0.00362 % First Deputy President and Chairman of the Management Board Oversees the Corporate-Investment Business global business line Born in 1970 Education: 2006–2008 Head of Investment Banking, First Deputy Chairman of the Management Board, Deutsche Bank 1994 – Plekhanov Russian University of Economics, 2002–2006 Director, Head of Eastern European degree in economics with a specialisation in international Operations at Deutsche Bank, London economic relations 2002 – London Business School, Master of Business Administration (MBA) Positions in other organisations: Professional activities: • Chairman of the Board of Directors of VTB Capital, VTB Capital Holding, VTB Capital IB Holding, VTB Leasing, Joined VTB Bank in 2008 T2 RTK Holding Since May 2011, First Deputy President and Chairman • Member of the Board of Directors of VTB Capital of the Management Board. Investment Management Holding AG, VTB Capital Private Prior to May 2011, held the following positions: Equity Holding AG, Sogaz, United Grain Company, Senior Vice President, President of VTB Capital Dynamo Moscow Football Club Denis Bortnikov Ownership of shares Term of office in accordance with employment contract: in the Bank as of 31 December 2019 10 June 2017 to 9 June 2022 % of ordinary shares ► 0 % % of charter capital ► 0 % Deputy President and Chairman of the Management Board Oversees the Small and Medium Business global business line Born in 1974 Education: Department, Chief Acquiring and Authorisation Expert, Head of the Acquiring and Authorisation Department 1996 – St. Petersburg State University of Economics at Industry and Construction Bank and Finance, degree in economics with a specialisation in national economy Positions in other organisations: Professional activities: • Chairman of the Board of Directors of VTB Capital, VTB Capital Holding, VTB Capital IB Holding, VTB Leasing, Joined VTB Bank in 2006 T2 RTK Holding Since November 2011, Member of the Management • Chairman of the Board of Directors of VTB Bank Board (Belarus), VTB Bank (Kazakhstan), West Siberian Before November 2011, Head of North-Western Commercial Bank Regional Centre; Senior Vice President, • Member of the Board of Directors of VTB Capital Holding Chairman of the Management Board, First Deputy and of Vozrozhdenie Bank Chairman of the Management Board, Deputy Chairman • Chairman of the Supervisory Council of VTB Bank of the Management Board of VTB Bank North-West; (Azerbaijan) Deputy Head of Vneshtorgbank’s St. Petersburg branch • Member of the Board of the Leningrad Regional Chamber 2004–2006 Advisor to the General Manager and Deputy of Commerce and Industry General Manager of Guta-Bank, North-West branch • Member of the Board of Trustees of the Federal State 1996–2004 Consultant with the Liquidity Management Budget Institution of Higher Professional Education Department, Consultant with the Transfer Operations St. Petersburg State University of Economics Department, Consultant with the Department of Financial Instruments, Senior Consultant with the Brokerage 134 1 2 3 4 5 6 7 8 Corporate Governance Olga Dergunova Ownership of shares as of 31 December 2019 Term of office in accordance with employment contract: in the Bank 10 June 2017 to 9 June 2022 % of ordinary shares ► 0.00000147 % % of charter capital ► 0.00000029 % Deputy President and Chairman of the Management Board Born in 1965 Education: 2007–2012 Member of the Management Board of VTB Bank 1987 – Plekhanov Russian University of Economics, 1994–2007 General Director of Microsoft Rus, degree in economics and mathematics with a specialisation President of Microsoft Russia and CIS countries in economic cybernetics 2014 – Russian Presidential Academy of National Economy and Public Administration, Information Technologies Positions in other organisations: in Public Administration programme • Director of the Higher School of Management at St. Petersburg State University Professional activities: • Member of the Board of Trustees of the Higher School of Management at St. Petersburg State University, Joined VTB Bank in 2016 the Russian Academy of Education, the International Since July 2016, Deputy President and Chairman Banking Institute and the Target Capital Fund of the Board of the National Research University Higher School 2007–2012, Member of the Management Board of Economics 2012–2016 Deputy Minister of Economic Development • Member of the Management Board of the Forum of the Russian Federation and Head of the Federal Agency Analytical Centre non-profit foundation for State Property Management • Member of the Board of Directors of IBS IT Services Vadim Kulik Ownership of shares Term of office in accordance with employment contract: in the Bank as of 31 December 2019 29 October 2019 to 9 June 2022 % of ordinary shares ► 0 % % of charter capital ► 0 % Deputy President and Chairman of the Management Board Oversees risk management, operational business support, data analysis and modelling, technological development and IT Born in 1972 Education: 2017 Member of the Management Board, First Deputy Chairman of the Management Board of Otkritie Holding 1995 – Mendeleev Russian University of Chemical 2012–2017 Member of the Management Board, Deputy Technology, degree in chemical engineering Chairman of the Management Board of Sberbank of Russia technology with a specialisation in chemical technology for advanced energy materials Positions in other organisations: Professional activities: • Director of the Centre for Digital Competencies of the Russian Academy of National Economy and Public Joined VTB Bank in 2019 Administration under the President of the Russian Since October 2019, Deputy President and Chairman Federation of the Management Board • Member of the Board of Directors of the National September – October 2019 Advisor to the President Clearing Centre and Chairman of the Management Board • Member of the Supervisory Council of the Russian 2017–2019 Deputy Chairman of the Management Board National Reinsurance Company of Gazprombank 135 Annual Report / 2019 Valery Lukyanenko Ownership of shares as of 31 December 2019 Term of office in accordance with employment contract: in the Bank 10 June 2017 to 9 June 2022 % of ordinary shares ► 0.00046 % % of charter capital ► 0.00009 % Deputy President and Chairman of the Management Board Oversees work with clients from backbone industries Born in 1955 Education: Before 2008, Head of the First Corporate Business Division and Senior Vice President, Senior Vice