Andrey Kostin

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Andrey Kostin
Andrei Kostin 2012.jpeg
Born
Andrey L. Kostin

(1956-09-21) September 21, 1956 (age 64)
Moscow, Russia.
NationalityRussian
Alma materMoscow State University, Faculty of Economics
OccupationPresident and Chairman of VTB Bank
WebsiteVTB.com

Andrey Leonidovich Kostin (Russian: Андрей Леонидович Костин; born September 21, 1956) is a Russian banker, financier, public and political figure, candidate of economic sciences, president and chairman of the VTB Management board since June 10, 2002. [1][2]

Education and career[]

1973 — enters the Department of Economics of Foreign Countries, Faculty of Economics, Moscow State University.

1979 — graduates with honors from the Faculty of Economics of Moscow State University with a degree in political economy which qualified him as an economist and teacher of political economy. He was immediately assigned to work abroad at the USSR Ministry of Foreign Affairs.[3]

1979—1982 — employee of the USSR Consulate General in Sydney (Australia).

1982—1985 — Secretary of the European Department of the USSR Ministry of Foreign Affairs.[4]

1985—1990 — employee of the USSR Embassy in Great Britain (London).

1990—1992 — First Secretary, Advisor to the European Department of the USSR Ministry of Foreign Affairs

Kostin, Russian President Vladimir Putin and Prime Minister of Singapore Lee Hsien Loong at the APEC Australia 2007
Kostin and Russian President Dmitry Medvedev at an opening ceremony of the Russian Commercial Bank in Cyprus in 2010

He is one of the most active representatives of the Russian banking sector and is a frequent guest on CNBC,[5] Fox News,[6] CNN,[7] BBC and Bloomberg TV-channel. He has three times participated in the Charlie Rose show on Bloomberg television,[8] as well as the Hard Talk programme on BBC.[9] He has been attending the World Economic Forum (Davos, Switzerland) since 1996.[10]

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.[11]

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".[12][13]

In April 2018, the United States imposed sanctions on him and 23 other Russian nationals.[14][15]

He is on the supervisory board of Post Bank.[16]

Corruption allegations[]

On April 4, 2019, the Vedomosti newspaper drew attention to the massive blocking of publications by Roskomnadzor on the Internet, most of which mentioned gifts from VTB bank president Andrei Kostin to Naila Asker-zade. In the interests of VTB, and by a court decision, Roskomnadzor blocked about 1000 publications without attribution, published by Internet resources that do not have state registration as a media.[17]

On December 2, 2019, FBK’s Alexei Navalny released an investigation about Kostin's relationship with Naila Asker-zade on YouTube. In this video Alexei Navalny accused Kostin that he presents gifts to journalist Nailya Asker-zade[18] (use of aircraft, yaht, house in the cottage village, two apartments, one of them directly from VTB, second from Kirill Zimarin, the head of a subsidiary of VTB in Cyprus) with proofs from her Instagram account. Kostin, according to Navalny in his video clip, uses colossal sums of money from his bank, 60.9% of which is state-owned, to buy luxurious real estate for his beloved. In any case, it is clear from what has been said that there are numerous indications, if not proofs, of a corruption scandal.[19] Analyzing the investigation, The Bell concludes that it is impossible to draw a conclusion about the owners of the plane and yacht from the data published by Navalny, as well as who paid for the journalist's travels. On December 25, 2019, Kostin said that he would think about what actions to take about the investigation, and refused to comment.[20][21]

Personal life[]

According to official data, Kostin is married, has children and a grandson.[22]

His eldest son Andrey (1978–2011), worked as Deputy Chairman of the Board of Deutsche Bank in Russia. He died on July 2, 2011 during a trip on an ATV while on vacation in the Yaroslavl Region.[23][24][25][26][27][28][29]

Awards[]

  • Order of the Russian Orthodox Church of St. Seraphim, 2nd class;[30]
  • 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);[citation needed]
  • Russian Government Certificate of Honour for significant personal contributions to the development of the Russian banking system and many years of hard work (2001);[31]
  • Russian Government Certificate of Honour for significant personal contributions to the development of foreign banking activity in Russia (1998).[32]

See also[]

References[]

  1. ^ Official bio
  2. ^ "Andrey Kostin". www.vtb.com. Retrieved 2016-03-01.
  3. ^ "Человек при деньгах". 1001.ru.
  4. ^ "Глава ВТБ Андрей Костин — РБК: "К великой изоляции пришли все"". RBC.
  5. ^ Russia Will Continue Bank Privatization: VTB's Kostin - CNBC
  6. ^ Kostin: Russia Needs More Regulation - FOX News
  7. ^ Russia's economic woes - CNN
  8. ^ Charlie Rose show - Andrey Kostin Archived November 20, 2012, at the Wayback Machine
  9. ^ BBC HARDtalk - Andrey Kostin on YouTube
  10. ^ "Милости просим к нам в Баку". Швейцарские новости на русском языке. Retrieved 2016-03-02.
  11. ^ Arnold, Martin; Buckley, Neil (30 May 2017). "Putin ally accuses US elite of 'paralysing' Trump". Financial Times. Retrieved 30 May 2017.
  12. ^ Golubkova, Katya; Antonov, Dmitry (January 22, 2018). "Russia's VTB bank head Kostin shrugs off U.S. sanctions risk". Reuters. Retrieved May 18, 2018.
  13. ^ 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.
  14. ^ "Ukraine-/Russia-related Designations and Identification Update". United States Department of the Treasury. 2018-04-06. Retrieved 2018-04-06.
  15. ^ "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.
  16. ^ "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.
  17. ^ Ксения Болецкая, Екатерина Брызгалова (2019-04-04). "Роскомнадзор массово блокирует статьи о ВТБ и его президенте. Под запрет попало около 1000 публикаций, юристы называют это прецедентом". Ведомости.
  18. ^ "Russian officials appropriating jets for family and lovers, says activist". the Guardian. 2019-12-04. Retrieved 2021-08-17.
  19. ^ Falke, Horst (1974-12-31). "Exkursion durch die Nahemulde von Bad Münster am Stein bis nach Idar-Oberstein am 18. April 1974". Jahresberichte und Mitteilungen des Oberrheinischen Geologischen Vereins. 56: 47–54. doi:10.1127/jmogv/56/1974/47. ISSN 0078-2947.
  20. ^ "ВТБ снял рекламу в "Ведомостях" после статьи о Костине. По данным "Коммерсанта", газета может быть продана". The Bell. 2019-04-09.
  21. ^ Роскомнадзор массово блокирует статьи о ВТБ и его президенте // Версия, 6 июня 2019 года
  22. ^ "Костин, Андрей - Биография". Лентапедия.
  23. ^ Биография заместителя председателя правления Deutsche Bank Андрея Костина, Газета.ру, 04.07.2011
  24. ^ "Костин Андрей Леонидович" [Kostin Andrey Leonidovich]. Lobbying.ru (in Russian). Retrieved October 17, 2018.
  25. ^ "Костин Андрей" [Kostin Andrey]. Lenta.ru (in Russian). Retrieved October 17, 2018.
  26. ^ Troianovski, Anton (2019-12-03). "From a Russian Banker, a $4 Million Mansion and a 200-Foot Yacht". The New York Times. ISSN 0362-4331. Retrieved 2020-08-23.
  27. ^ "Сын главы ВТБ Андрей Костин разбился на квадроцикле: 32-летний банкир погиб на отдыхе в Ярославской области" [The son of the head of VTB Andrei Kostin crashed on a quad: 32-year-old banker died on holiday in the Yaroslavl region]. Izvestia (in Russian). July 2, 2011. Retrieved October 17, 2018.
  28. ^ Шипилов, Евгений; Танас, Ольга (July 4, 2011). "Погиб на трезвую голову: В ДТП погиб сын президента ВТБ ��ндрей Костин" [Killed sober: The accident killed the son of the president of VTB Andrei Kostin]. Gazeta (in Russian). Retrieved October 17, 2018.
  29. ^ Protess, Ben; Silver-Greenberg, Jessica; Drucker, Jesse (July 19, 2017). "Big German Bank, Key to Trump's Finances, Faces New Scrutiny". The New York Times. Retrieved December 17, 2018.
  30. ^ "В праздник Собора новомучеников и исповедников Церкви Русской Святейший Патриарх Кирилл совершил Литургию в Успенском соборе Московского Кремля". Официальный сайт Московского Патриархата. 4 February 2018. Retrieved 2020-06-17.
  31. ^ Распоряжение Правительства РФ от 21 сентября 2001 года № 1251-р
  32. ^ Распоряжение Правительства РФ от 13 февраля 1998 года № 183-р

External links[]

  • www.vtb.com: CV
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