The Supervisory Board of VAB Bank appointed Yuriy Klimov as Deputy Chairman of the Management Board responsible for corporate business.
Mr. Klimov has extensive track record with Russian and international companies. Before joining VAB Bank, for 5 years, he occupied managerial positions with Alfa-Bank, one of the largest Russian banks. There he worked as Head of Bank Products Development Department, Director of Corporate Business Department and for the last 2 years held the position of Senior Vice-President. Before that, Mr. Klimov also worked with ABN AMRO (Moscow) and Siemens Financial Services (Moscow).
Yuriy Klimov graduated from Department of Economics at Volgograd State University and Vienna University of Economics and Business Administration with the Master's degree in Economics.
Commenting the new appointment, Peter Baron, VAB Bank Chairman of the Management Board, expressed confidence that Yuriy Klimov’s professional skills will help VAB Bank to successfully develop VAB Bank’s corporate business and achieve the best results.
Reference dataVseukrainsky Aksionerny Bank (VAB Bank) has been operating in the Ukrainian financial market since 1992 and belongs to the group large banks in Ukraine according to NBU. In October 2006, VAB Bank became a member of VAB Group. Branch network consists of 25 branches and 143 outlets throughout Ukraine and a representative office in Budapest (Hungary). A large international company, TBIF Financial Services (Amsterdam, the Netherlands), is among the bank’s shareholders. Total assets of VAB Bank amounted to UAH 6.7 billion as of 01 July 2008, total capital — UAH 908,6 million.
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