Top managers of VTB Bank started to operate in Moscow

VTB continued reorganization of the Board of the Bank of Moscow. The appointment by President Mikhail Kuzovleva credit institution of the State Bank employees are replacing, and vice-presidential posts. Wrote on Friday, 6 May, the newspaper Kommersant, citing its own sources. According to them, the bank released the order for a new distribution of power and positions of top managers. Former CFO of VTB-Leasing "Cyril Aladyshev took an appropriate position in the Bank of Moscow. Earlier this office replaced the vice president and board member of the Bank of Moscow, Yuri Maksutov. He's in the past six months, was responsible for developing the bank's strategy. Now the strategy is to deal with working in VTB Daria Gracheva. Third vice president appointed by Svetlana Tolkachev, who will be responsible for the investment department of the bank's assets, which previously led the first vice-president of Bank of Moscow, Dmitry Akulinin. Trading House VTB CEO Andrei Musatov headed the Bank of Moscow's economic security unit. In February 2011 the Moscow government sold 46.48% stake in VTB's lending institution and 25% plus one share of the CCV, which owns 17.32% of its shares for 103 billion rubles. As a result, the bank broke equity conflict, which ended the sale of the bank's president Andrei Borodin on his share and his departure for London. Earlier this week, Borodin was arrested in absentia in a criminal case of fraud. In April, the bank's shareholders elected a new head of the Bank of Moscow - the former first deputy chairman of VTB Michael Kuzovleva.