Supervisory Board VTB has returned Mikhail Zadornov to the management Board of the Bank

© Photo : courtesy of «VTB 24″the President of the Bank VTB 24 Mikhail Zadornov. Archive photoSupervisory Board VTB has returned Mikhail Zadornov to the management Board of the Bank© Photo : courtesy of «VTB 24»

Supervisory Board VTB has elected Mikhail Zadornov, member of the Board for a period of up to June 9, 2022, according to the materials of the Bank.

The Bank’s Supervisory Board decided to «elect Zadornov Mikhail Mikhailovich member of the management Board of VTB Bank (PJSC) for the period from the date of receipt of his approval of the Central Bank of the Russian Federation up to June 9, 2022, inclusive,» the statement reads.

Mikhail Zadornov, Chairman of the Board «VTB 24» since 2005, and in December 2016 was included in the composition of the management Board of VTB Bank, which was launched on 31 may 2017.

On Monday, the newspaper «Kommersant» wrote that Zadornov received the offer to lead the «FC Opening». As told by one of interlocutors of the edition, the history initiated by the Central Bank. Zadornov is intended to act as a crisis Manager, to lead the process to restore the financial position of the Bank. However, a source close to group VTB, has informed RIA Novosti that the Supervisory Board of VTB, which will be held on Monday, will examine the issue of election Zadornov, a member of the Board.

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