Elected the new president of Bank of Moscow

At an extraordinary meeting of shareholders elected president of the Bank who came from VTB Michael Kuzovleva, thus putting an end to conflict, the owners of the Bank of Moscow. On it informs RIA Novosti news agency on Thursday, April 21. For Kuzovleva was given 99.97% of the vote of the meeting participants, representing 77% of the votes of shareholders of Bank of Moscow. "I wanted to keep the most valuable thing in the Bank of Moscow: a very strong brand, strong team, well-established procedures, banking technology. Of course, at the same time I want to bring best practice, which is in the VTB. The best managers we will certainly look for "- said Kuzovlev. He added that the Bank of Moscow will improve and expand its product offerings for customers. "This will affect the entire spectrum of the universal bank - retail, corporate and investment. Our customers are just waiting for positive change "- said Kuzovlev. Coming from a state bank VTB Kuzovlev was the main contender to head the bank. He also recently served as president of Bank of Moscow. The list of candidates for this position also means the dismissal of a former president of Bank of Moscow Andrey Borodin and his first deputy Dmitry Akulinin. Borodin, head of Bank of Moscow for 15 years - since its founding in 1995. Andrei Borodin is being sought under abuse of power "in the criminal case of fraud with funds from the capital budget. According to investigators, the bank has allocated 12.76 billion rubles. in 2009 as a loan company Premier Estate "that has squandered them in the midst of financial crisis on the purchase of land to the west of Moscow in the structure of the former wife of Moscow Mayor Helen Baturina. The funds received President Inteko used to repay bank loans. Since March 25, Borodin is in London.