Andrey Kostin

Andrey Kostin
Born Andrey L. Kostin
(1956-09-21) 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, PhD in Economics. [1] Shares owned in the charter capital of VTB Bank – 0.00036%.[2]

He is one of the most active representatives of the Russian banking sector and is a frequent guest on CNBC,[3] Fox News,[4] CNN,[5] BBC and Bloomberg TV-channel. He has three times participated in the Charlie Rose show on Bloomberg television,[6] as well as the Hard Talk programme on BBC.[7] He has been attending the World Economic Forum (Davos, Switzerland) since 1996.[8]

On January 19, 2017, at the World Economic Forum in Davos, Kostin, called for the sanctions on the Russian financial sector, especially the "four leading Russian banks" to be lifted.[9]

On January 22-4, 2018, during interviews at the World Economic Forum in Davos, Kostin again stated that additional sanctions against individuals or entities would be an "economic war".[10][11]

In April 2018, the United States imposed sanctions on him and 23 other Russian nationals.[12][13]

He is on the supervisory board of Post Bank.[14]

Awards

  • Order of the Russian Orthodox Church of St. Seraphim, 2nd class;
  • Orders For Merit to the Fatherland (2nd, 3rd and 4th classes);
  • Order of Honour;
  • Order of Merit (France);
  • Received a Presidential Letter of Appreciation for his great contribution to the development of the national economy, the strengthening of Russia's position in the global oil and gas industry and his successful efforts to improve the investment climate in the Russian Federation (2017);
  • Certificate of Appreciation from the Government of the Russian Federation for Professional and Public Achievements (2016);
  • 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).

Views on Trump

In May 2017, Kostin suggested the Washington elite was purposefully disrupting the presidency of Donald Trump by spreading false accusations about his ties to Russia.[15]

References

  1. Official bio
  2. "Andrey Kostin". www.vtb.com. Retrieved 2016-03-01.
  3. Russia Will Continue Bank Privatization: VTB's Kostin - CNBC
  4. Kostin: Russia Needs More Regulation - FOX News
  5. Russia's economic woes - CNN
  6. Charlie Rose show - Andrey Kostin Archived November 20, 2012, at the Wayback Machine.
  7. BBC HARDtalk - Andrey Kostin on YouTube
  8. "Милости просим к нам в Баку". Швейцарские новости на русском языке. Retrieved 2016-03-02.
  9. "Time for Trump to remove US sanctions against Russian banks – VTB head". RT. January 19, 2017. Retrieved May 18, 2018.
  10. Golubkova, Katya; Antonov, Dmitry (January 22, 2018). "Russia's VTB bank head Kostin shrugs off U.S. sanctions risk". Reuters. Retrieved May 18, 2018.
  11. Rudnitsky, Jake; Lacqua, Francine (January 24, 2018). "U.S. Sanctions Would Be 'Economic War' to Head of Russia's VTB". Bloomberg. Retrieved May 18, 2018.
  12. "Ukraine-/Russia-related Designations and Identification Update". United States Department of the Treasury. 2018-04-06. Retrieved 2018-04-06.
  13. "США ввели санкции против семи российских олигархов и 17 чиновников из «кремлевского списка»" [The US imposed sanctions against seven Russian oligarchs and 17 officials from the "Kremlin list"]. Meduza (in Russian). 2018-04-06. Retrieved 2018-04-06.
  14. "Избран новый состав наблюдательного совета «Почта Банка»" [The new composition of the Supervisory Board "Bank of the Post" was elected]. Post Bank (Russia) website (in Russian). December 27, 2017. Retrieved February 15, 2018.
  15. Arnold, Martin; Buckley, Neil (30 May 2017). "Putin ally accuses US elite of 'paralysing' Trump". Financial Times. Retrieved 30 May 2017.
  • www.vtb.com: CV
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