Committees of the Supervisory Board


The Strategy Committee

The Strategy Committee is not a management body of the Bank. Members of the Committee are appointed by the Supervisory Board. Current Committee members are: Alexander V. Savelyev (Chairman of the Committee), Vladislav S. Guz, Alexey A. Germanovich, Andrey T. Ibragimov, and Elena V. Ivannikova.

The main task of the Strategy Committee is to assist the Supervisory Board in determining the long- and mid-term strategy of the Bank and its business priorities, as well as to review the Bank's major innovation and investment projects.

The Appointments and Remuneration Committee

The Appointments and Remuneration Committee is not a management body of the Bank. Members of the Committee are appointed by the Supervisory Board. Current Committee members are: Alexander V. Pustovalov (Chairman of the Committee), Andrey P. Bychkov, and Alexander I. Polukeyev.

The main task of the Appointments and Remuneration Committee is to provide recommendations to the Supervisory Board with regard to candidates for key management positions, as well as to establish the principles and criteria for determining the amounts of remuneration for the Bank's key management and staff.

The Audit Committee

The Audit Committee is not a management body of the Bank. Members of the Committee are appointed by the Supervisory Board. Current Committee members are: Andrey P. Bychkov (Chairman of the Committee), Alexey A. Germanovich, and Alexander V. Pustovalov.

The main task of the Audit Committee is to assist the Supervisory Board in controlling the Bank’s operations. The Committee verifies the integrity and accuracy of financial reporting, and preparation and presentation of the financial statements, examines the functioning of the internal control and audit systems, and issues recommendations for the Supervisory Board.

The Risk Management Committee

The Risk Management Committee is not a management body of the Bank. Members of the Committee are appointed by the Supervisory Board. Current Committee members are: Susan Gail Buyske (Chairperson of the Committee), Andrey P. Bychkov, Andrey T. Ibragimov, and Elena V. Ivannikova.

The principal task of the Risk Management Committee is to assist the Bank’s Supervisory Board in defining the Bank’s priorities related to its exposures and creating the conditions required for proper risk management.