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Vladimir Verkhoshinskiy joins Alfa-Bank’s (Russia) Executive Board, elected its First Deputy Chairman

October 03, 2018. TAG: Financial Services

Alfa-Bank’s Board of Directors at its meeting on October 3, admitted Vladimir Verkhoshinskiy to the Bank’s Executive Board and elected him First Deputy Chairman of the Executive Board of Alfa-Bank.

Alfa-Bank’s Executive Board members are:
Andrey Sokolov, Chairman of the Executive Board;
Vladimir Verkhoshinskiy, First Deputy Chairman of the Executive Board, Chief Executive Officer;
Mikhail Grishin, Deputy Chairman of the Executive Board, Head of Legal Department;
Maxim Pershin, Co-Head of Corporate and Investment Banking;
Alexei Tchoukhlov, Deputy Chairman of the Executive Board, Chief Financial Officer;
Denis Osin, Head of Small and Medium Corporate Business.
Founded in 1990, Alfa-Bank is a full-service bank operating in most sectors of the financial market, including retail and corporate lending, investment banking, leasing, factoring and trade finance.

Alfa-Banking Group became the largest private bank in Russia in terms of total assets, total equity, deposit and loan portfolios.

According IFRS financial statements for 1H2018 year, the Alfa Banking Group, which comprises ABH Financial, Joint Stock Company «ALFA-BANK» as well as its subsidiary financial companies, had total assets of USD 45.1 bn, gross loans of USD 29.5 bn, and total equity of USD 7.1 bn. Net profit after tax for 1H2018 amounted to USD 658 mln.

As of June 30, 2018 Alfa-Bank serves more than 507,000 corporate and 15.8 mln retail customers, while the branch network consists of 774 offices in Moscow, across Russia and abroad, including a subsidiary bank in the Netherlands and financial subsidiaries in the United Kingdom and Cyprus.

Alfa-Bank (Russia)

ABH Holdings S.A. (ABHH) is a privately owned Luxembourg-based investment holding company investing into several banking groups in the CIS and Europe. ABHH includes Alfa-Bank (Russia), Alfa-Bank (Ukraine), Ukrsotsbank (Ukraine), Alfa-Bank (Belarus), Alfa-Bank (Kazakhstan) and Amsterdam Trade Bank N.V.

Alfa-Bank (Russia), founded in 1990, has developed rapidly to become one of Russia's leading privately owned banks. It provides a full range of banking services — corporate banking, retail banking, investment banking, asset management and trade finance.