Corporate Secretary

VTB Bank established the position of Corporate Secretary in 2011 while introducing measures to improve its corporate governance system.

The Corporate Secretary is a Bank official who oversees compliance on the part of the Bank’s management and employees with applicable legislation, the Charter and bylaws guaranteeing shareholders’ interests and their ability to exercise their legal rights. The Corporate Secretary also provides a liaison between the Bank and its shareholders, promotes the development of corporate governance practices and supports the smooth operation of the Bank’s Supervisory Council. Functionally, the Corporate Secretary is elected by, and reports to, the Supervisory Council and, administratively, to the President and Chairman of the Bank’s Management Board. The Corporate Secretary is subordinate to the Supervisory Council and is appointed and dismissed by decision of the Supervisory Council. The report on the work of the Corporate Secretary is reviewed and approved on an annual basis by the Bank’s Supervisory Council. The report on work for 2018 was approved by the Supervisory Council on 6 March 2019.

The administration of the Supervisory Council operates under the guidance of the Corporate Secretary. The Corporate Secretary is secretary to the Supervisory Council and also serves as secretary for the General Meeting of Shareholders.

The Staff and Remuneration Committee reviews candidates for the position and provides recommendations to the Supervisory Council.

The Corporate Secretary acts on the basis of the Regulation on the Corporate Secretary of VTB Bank, approved by the Bank’s Supervisory Council (minutes No. 22 of 7 September 2015), which takes into account the requirements of the Listing Rules of Moscow Exchange, the recommendation of the Corporate Governance Code approved by the Board of Directors of the Bank of Russia and the guidelines of the Federal Agency for State Property Management.

Yevgeny Ignatiev

“As part of ongoing work in accordance with the road map for implementing the provisions of the Corporate Governance Code, an external independent evaluation of the activities of the Supervisory Council was carried out last year. VTB Bank’s commitment to high standards of corporate governance as well as the work of the Supervisory Council and the conduct of its activities were highly rated by external experts.”

Yevgeny Ignatiev Chief of Staff of the Supervisory Council and Corporate Secretary

Born in 1981

Education:

1999St. Petersburg Social Services School, specialisation in jurisprudence, qualification to practise as a lawyer
2002St. Petersburg State University of Maritime and Inland Shipping, specialisation in jurisprudence, qualification to practise as a lawyer
2017British Institute of Directors, international certificate as a Certified Director and the title of Cert IoD

Professional activities:

Since June 2013 Chief of Staff of VTB Bank’s Supervisory Council and Corporate Secretary
2011–2013 Corporate Secretary of VTB Bank
2010–2011 Director of the Shareholder Relations Service at VTB Bank
2008–2010 Senior Manager of the Debt Origination and Investor Relations Department at VTB Bank
2004–2008 Chief Consultant, Deputy Director (acting director) of the Corporate Governance Department at VTB Bank North-West (former Industrial Construction Bank)
2003–2004 Lawyer, Investtorg
2002–2003 Assistant Lawyer, Exchange Complex

Positions in other organisations:
  • Member of the Expert Council of the National Association of Corporate Secretaries
  • Member of the Moscow Exchange Committee of Issuers
Achievements:

Winner of the Corporate Governance Director – Corporate Secretary category at the Director of the Year awards held by the Independent Directors Association and the Russian Union of Industrialists and Entrepreneurs