Bank VTB-Azerbaijan to Elect New Members of Supervisory Board
Shareholders of Bank VTB (Azerbaijan) will elect new members of the Supervisory Board on April 29.
According to the bank's press service, the only question on the agenda of the extraordinary meeting of shareholders of the bank is the Supervisory Board. Today it consists of six people, which has been led by Vasily Titov since 2013.
Bank VTB (Azerbaijan) operates since 2009. Its shareholders consist of JSC Bank VTB (Russia) - 51%, Ltd. Ata Holding – 48.99% and Ashraf Kamilov – 0.01%.
It should be noted that the State Oil Fund of Azerbaijan is a shareholder of JSC Bank VTB (Russia). The Fund owns 381 913 414 634 shares with the nominal value of the holding of 0.01 ruble each. This represents 1.11% of its share capital. SOFAZ Executive Director Shahmar Movsumov is a member of the Supervisory Board of Bank VTB (Russia). 08D
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