Audit Committee

Audit Committee was established in December 2006 according to the resolution of the Board of Directors. It is an advisory and consultative body of the Board.

The main objective of the Audit Committee is to ensure effective performance of the Board of Directors in dealing with strategic management issues and control over business activity of the bank. Audit Committee reports to the Board of Directors, while its resolutions are of advisory nature.

Audit Committee provides recommendations to the Board of Directors on election of independent and qualified external auditors, assists in overseeing the activity of the Internal Control and Audit Service and ensuring quality and completeness of financial and accounting reporting especially with regard to compliance with the requirements of the Russian legislation and relevant government authorities.

Regulations on the Audit Committee (PDF, 139.1 KB) of Vozrozhdenie Bank

Information about activity of the Audit committee

From July 1, 2017 through June 29, 2018 the Audit Committee of the Board of Directors held 19 meetings (3 meetings in presentia, 16 meetings in absentia) considering 68 questions in total.

Members of the Audit Committee

Maxim Kondratenko

Member of the Board of Directors
Chairman of the Audit Committee

Maksim Kondratenko was born in 1973. He has a higher education. In 1996 he graduated from Lomonosov Moscow State University, in 1999 from Russian Foreign Trade Academy under the Ministry of Trade of the Russian Federation, in 2000 from the Institute of World Economy and International Relations, Russian Academy of Sciences, in 2007 from London Business School.
From November 2015 to date he has been the member of the VTB Bank Management Board.

Oleg Gorlinsky

Member of the Board of Directors
Member of the Audit Committee

Oleg Gorlinsky was born in 1969. He has a higher education. In 1992 he graduated from Moscow State University of Geodesy, Aerial Photography and Cartography, in 1996 from Plekhanov Russian Academy of Economics, with a PhD in economic cybernetics. From March 2011 to date, he has been holding the position of the Deputy Head of the Financial Department — Head of Treasury — Senior Vice-President of VTB Bank.

Vyacheslav Dusaleev

Member of the Board of Directors
Member of the Audit Committee

Vyacheslav Dusaleev was born in 1980. He has a higher education. In 2002 he graduated from Financial Academy under the Government of the Russian Federation. From June 2014 to July 2016 he held the leading positions in Open joint-stock company Bank of Moscow. From July 2016 to November 2017 he was the Deputy Chairman of the URALSIB Bank Management Board. From March 2018 to date he has been holding the position of the Adviser to the Head of the VTB Bank Global Business line “Retail Business”.