Son of Russia’s FSB heads Belarusian VTB Bank Board of Directors


Denis Bortnikov, a son of Russia’s Federal Security SB Alexander Bortnikov, was elected chairman of the Board of Directors of VTB Bank (Belarus), its press service reports.

VTB Bank (Belarus) is a subsidiary of Russian VTB Bank. The latter is the second largest bank in assets in the country. More than 60% of its assets is owned by the Government of the Russian Federation. VTB Bank has been present in Belarus for more than 20 years.

Denis Bortnikov is 43 years old. He graduated from St. Petersburg University of Finance and Economics (his major was Domestic Economy). The man has been working in the banking sector for 11 years. Since April 2017, he has been Deputy President-Chairman of the Board of VTB Bank.

His father, Alexander Bortnikov, has been at the helm of the FSB for 9 years. After Russia’s annexation of Crimea and, he was put on the sanctions lists of the European Union and Canada. Independent media outlets repeatedly accused Bortnikov of corruption.

 belsat.eu; photo by  expert.ru

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