Andrey Kostin

Andrey Kostin
Andrey Kostin (Андрей Костин), 2012
Born	Andrey L. Kostin September 21, 1956 Moscow, Russia.
Nationality	Russian
Alma mater	Moscow State University, Faculty of Economics
Occupation	President and Chairman of VTB Bank
Website	www.vtb.com

Andrey L. Kostin (born September 21, 1956) is a Russian banker, currently President and Chairman of the Management Board of VTB Bank, Member of the Supervisory Council, Member of the Strategy and Corporate Governance Committee, and Chairman of the Board of Directors of several VTB subsidiaries, including Bank of Moscow and VTB 24, PhD in Economics. ^[1] 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.^[2] Shares owned in the charter capital of VTB Bank – 0.00036%.^[3]

He is one of the most active representatives of the Russian banking sector and is a frequent guest on CNBC,^[4] Fox News,^[5] CNN,^[6] BBC and Bloomberg TV-channel. He has three times participated in the Charlie Rose show on Bloomberg television,^[7] as well as the Hard Talk programme on BBC.^[8] He has been attending the World Economic Forum (Davos, Switzerland) since 1996.^[9]

Background

Born on September 21, 1956 in Moscow, Kostin graduated with honors in 1979 from Moscow State University with a degree in International Economics (major: Teaching political economy). In 2001 received a PhD in Economics for a dissertation entitled "Globalisation: A Form of Internationalisation of the Economy".

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.

Since 2002: VTB Bank: President and Chairman of the Management Board, Member of the Supervisory Council.

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

Positions in other organizations

• VTB 24: Chairman of the Supervisory Committee;
• Bank of Moscow: Chairman of the Board of Directors;
• VTB Capital: Member of the Board of Directors;
• United Russia political party: member of the Supreme Council;
• National Coordination Centre for Promoting Economic Relations in Asia-Pacific: Member of the Board of Trustees;
• Russian Union of Industrialists and Entrepreneurs: Member of the Bureau of Directors;
• Association of Russian Banks: Member of the Board;
• CIS Finance and Banking Council: President;
• National Corporate Governance Council: Member of the Presidium;
• Centre for Problem Analysis and Public Administration Development: Member of the Board of Trustees;
• St Petersburg State University the Higher School of Management: Director, professor;
• St. Petersburg University: Member of the Board of Trustees;
• Russian Government Financial University: Member of the Board of Trustees;
• Lomonosov Moscow State University: Member of the Board of Trustees;
• National Research University Higher School of Economics: Member of the Board of Trustees;
• Foundation to Support and Promote Physical Fitness and Sports: Member of the Board of Trustees;
• Dynamo Hockey Club: Member of the Board of Trustees;
• CSKA Professional Hockey Club, LLC: Member of the Supervisory Board;
• Pirelli & C. S.p.A: Member of the Board of Directors;
• The Volleyball Federation of Russia: Member of the Supervisory Board;
• Bolshoi Theatre: Member of the Board of Trustees;
• State Primorye Opera and Ballet Theatre in Vladivostok: Member of the Board of Trustees;
• Friends of the Russian Museum development fund: Member of the Board of Trustees;
• Konstantinovsky Convention Centre: Member of the Board of Directors;
• State Academic Mariinsky Theatre: Member of the Board of Trustees;
• Foundation for the Deaf-Blind: Member of the Board of Trustees;
• Charitable Foundation for Restoring the New Jerusalem Resurrection Stavropegial Male Monastery of the Russian Orthodox Church: Member of the Board of Trustees.

Decorations

• Order For Services to the Motherland (3rd and 4th class);^[10]
• Order of Honour;
• 2007: Order of Merit (France)
• Presidential Certificate of Honour for contributions to the socio-economic development of the Russian Federation, professional achievements, civic engagement, and many years of dedicated service (2015);
• Letter of Gratitude of the Russian Government for significant personal contributions to the development of the Russian banking system and many years of hard work (2006);
• Russian Government Certificate of Honour for significant personal contributions to the development of the Russian banking system and many years of hard work (2001);
• Russian Government Certificate of Honour for significant personal contributions to the development of foreign banking activity in Russia (1998).

Personal

Married, with children and grandson.

Hobbies: theater, arts, alpine skiing.

External links

• www.vtb.com: CV

References

1. Official bio
2. VTB Bank Supervisory Council to extend term of office of Andrey Kostin - VTB press release
3. "Andrey Kostin". www.vtb.com. Retrieved 2016-03-01.
4. Russia Will Continue Bank Privatization: VTB's Kostin - CNBC
5. Kostin: Russia Needs More Regulation - FOX News
6. Russia's economic woes - CNN
7. Charlie Rose show - Andrey Kostin
8. BBC HARDtalk - Andrey Kostin on YouTube
9. "Милости просим к нам в Баку". Швейцарские новости на русском языке. Retrieved 2016-03-02.
10. 22 September 2011: 3rd class