Subsidiary Organization VTB Bank (Kazakhstan) announces change in Board of Directors

/KASE, November 15, 2016/ – Subsidiary Organization VTB Bank (Kazakhstan) (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release: quote Following a decision of OJSC VTB Bank – the sole shareholder of SB Bank VTB (Kazakhstan) dated November 14, 2016, the composition of the Board of Directors was extended to eight persons; the new member of the bank's Board of Directors is Anna Shumeiko. Anna Shumeiko has an extensive background in financial management; she has been with the VTB since 2008. Currently she is a vice-president, head of Mid-size Business Development and Coordination Department of OJSC VTB Bank. She graduated from M. Lomonossov Moscow State University, the High Economics School. Dmitry Zabello, Chairman of Management Board of VTB (Kazakhstan) commented on the appointment: "Nowadays VTB is a prospering international financial group, having offices in 23 countries of the world. VTB (Kazakhstan) is a large subsidiary of the group. The appointment of A. Shumeiko is connected to our strategic efforts with regard to medium businesses". unquote [2016-11-15]