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Andrey L. Kostin    

Chairman and Chief Executive Officer, VTB Bank, Russian Federation

Andrey L. Kostin is a Russian banker, currently President and Chairman of the Management Board of VTB Bank , Member of the Supervisory Council, and Chairman of the Board of Directors of several VTB subsidiaries, including Bank of Moscow and VTB 24, PhD in Economics. In 2007, VTB Supervisory Council extended Kostin’s term as President and Chairman of the Management Board until 2012. In April 2012, VTB Supervisory Council reappointed Kostin until 2017.

He is one of the most active representatives of the Russian banking sector and is a frequent guest on CNBC, Fox News, CNN, BBC and Bloomberg TV-channel. He has twice participated in the Charlie Rose show on Bloomberg television, as well as the Hard Talk programme on BBC

Career

1979-1992: Diplomatic service: during 1979-1982 – in the USSR Consulate General in Australia, in 1985-1990 – in the USSR Embassy in UK.

1993-1995: Deputy Head of the Foreign investment Department at Bank Imperial.

1995: Elected First Deputy Chairman of the National Reserve Bank.

October 18, 1996: Under the Presidential Decree Appointed as Chairman of Vnesheconombank, with the authorities being extended in 1999 for another three years.

June 10, 2002: Appointed President and Chairman of the Management Board of Vneshtorgbank.

November 2011: Appointed Chairman of the APEC (Asia-Pacific Economic Cooperation) CEO Summit, which was successfully held in September 2012 in Vladivostok.

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