Evgeny Tutkevich Appointed Chairman of Uniastrum Management Board

After securing the necessary approvals from the Central Bank of the Russian Federation, Uniastrum’s Board of Directors has appointed Evgeny Tutkevich Chairman of the Management Board, effective September 10, 2010.

Moscow, Russia, September 17, 2010 --(PR.com)-- In the previous two months Evgeny Tutkevich served as Uniastrum’s CEO. Oleg Shvetsov, Acting Chairman of the Management Board, will now reassume his duties as First Deputy MB Chairman.

Evgeny Tutkevich graduated Moscow State Institute of International Relations (MGIMO), majoring in currency and credit relations. With a career in banking that stretches back over 17 years, Mr. Tutkevich has held senior management tenures at Raiffeisen Bank, MDM-Bank, and Russian Standard Bank, as well as positions supervising regional, retail, and corporate-side operations.

“I’m more than glad to be able to continue my work at Uniastrum Bank as Chairman of the Management Board,” says Evgeny Tutkevich. “For more than 16 years now Uniastrum has shown itself to be one of the Russian banking market’s most go-ahead players with a positive, can-do attitude. Since welding its proven expertise to the seasoned strategies and knowhow of the Bank of CyprusGroup, Uniastrum’s strong management team is now better placed than ever before to press ahead and improve the Bank’s business performance.”

Uniastrum Bank
Kseniya Chernisheva