CREDIT BANK OF MOSCOW announces changes in the Management Board


CREDIT BANK OF MOSCOW announces changes in its management.

To further cement its market positions and as part of its team strengthening initiatives, the Bank has invited Pavel Shevchuk to the position of First Deputy Chairman of the Management Board. His candidacy has been approved by the Supervisory Board on 5 February 2018. Now Pavel Shevchuk serves as Advisor to the Chairman of the Management Board. It is planned that, upon authorisation by the Bank of Russia, Pavel will become a member of the Management Board as First Deputy Chairman of the Management Board.

Pavel Shevchuk is going to supervise corporate and retail business of CREDIT BANK OF MOSCOW.

Pavel Shevchuk was born on 12 February 1973 in Moscow. In 1996 he graduated from Bauman Moscow State Technical University, in 1998 from the Finance and Banking Technologies Institute with a degree in Finance and Credit, in 2012 from Kutafin Moscow State Law Academy and INSEAD Business School. In 2017 Pavel was certified by the International Coaching Academy.

Pavel Shevchuk has been engaged in the financial sector since 1995. For 5 years Pavel held managerial positions at Sberbank, achieving notable successes in building effective and smooth customer relationships.

Dmitry Eremin, who has held the office of First Deputy Chairman of the Management Board, decided to leave the Bank on 15 February 2018.

"The Bank now faces large-scale challenges and new development opportunities. I’m sure Pavel’s professional expertise, strong personal qualities and fresh outlook on the development of corporate and retail business will strengthen our team and will be particularly valuable in accomplishing our immediate and strategic tasks," commented Vladimir Chubar, Chairman of the Management Board. "I would also like to underline contribution of Dmitry Eremin to the Bank’s development: while he spearheaded our corporate and retail business, CREDIT BANK OF MOSCOW became one of the country’s largest privately-owned banks, for which its entire team and management express profound gratitude to him".