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15.09.08 VAB Bank has formed the new Management Board
On 15 September 2008, VAB Bank held the press conference to introduce the new members of the Bank’s Management Board.
Peter Baron, VAB Bank CEO, presented to the audience Mr. Tsvetan Petrinin, Head of Retail Business and Distribution, Mr. Yuriy Klimov, Head of Corporate Business, Mr. Desmond O'Maonaigh, Chief Financial Officer and Ms. Natalia Shelko, Chief Operations Officer.
Commenting on the appointments, Peter Baron remarked: “We aim at employing high performers from the best Ukrainian and international companies. By attracting the new top managers with extensive track record at Ukrainian and international banking institutions, we have managed not only to strengthen corporate and retail businesses which are the pillars of the Bank’s operation, but also to consolidate our operations and finance, taking into account the complicated financial market situation.
We strongly believe that high level skills and wealth of experience of the new team members will be a real value-add to VAB Bank and will help to achieve the goals set as well as tackle the challenges and opportunities that lie ahead”.
Reference dataVseukrainsky Aksionerny Bank (VAB Bank) has been operating in the Ukrainian financial market since 1992 and belongs to the group large banks in Ukraine according to NBU. In October 2006, VAB Bank became a member of VAB Group. Branch network consists of 25 branches and 143 outlets throughout Ukraine and a representative office in Budapest (Hungary). A large international company, TBIF Financial Services (Amsterdam, the Netherlands), is among the bank’s shareholders. Total assets of VAB Bank amounted to UAH 6.7 billion as of 01 July 2008.
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