Board of Directors

The BOD is the bank’s most senior body and it is ultimately responsible for the Bank’s strategic development and the supervision of its executive management. It also approves the Bank’s financial plans, defines risk principles and risk capacity, as well as it approves the published financial statements. The members of the BOD are elected on individual basis by the Ordinary Annual General Meeting. The members of the BOD are non-executives and financially literate persons.

As of now the composition of the BOD is as follows:

Oleg M. Vaksman
President, Moscow

Deputy Chairman of Gazprombank (JSC)

Dr. Wolfram Kuoni
Vice-President, Herrliberg

Founder and Partner at Kuoni Attorneys at Law

Sergey Y. Nekrasov
Member, Moscow

First Vice-President of Gazprombank (JSC)

Urs Kloeti
Member, Richterswil 

Partner of Pestalozzi Attorneys at Law and a member
of Pestalozzi’s Financial Services group

Albert Schönenberger 
Member, Zug

Long experience from 1974 to 2008 in banking and financial 
services at different offices of PWC