New members of the supervisory board were elected after an extraordinary shareholders meeting held by Investbank.
Yury Matveev, head of corporate operations at Investbank, has been appointed to chair the supervisory board. The supervisory board consists of nine members.
Investbank OJSC is a private bank operating a wide network, which turned federal after taking over Moscow-based Conversbank, Ekaterinburg-headquartered Grancobank and Voronezhprombank. The bank’s primary areas of business are lending and cash settlement services rendered to commercial entities, retail deposits and currency operations. The bank’s major shareholders are TradeImpex LLC (19.99%) Dent Stil LLC (19%), Company Martis LLC (17.70%), Academgroup CJSC (13%), Reha Holdings Limited (12.23%), Paritet Invest LLC (6.26%) and Investpromalliance CJSC (5.85%). The lender’s primary beneficial owners are Sergei Mastyugin, Natalia Glukhova, Elena Golub, Vitaly Goncharov, Norwegian citizen Hans Yukum Horn and Sergei Zadirko.
Based on Banki.ru data, as of September 1, 2012 the lender’s net assets equaled Rub 49.92 bln (No. 90 in Russia), capital (calculated in line with CBR requirements) totaled Rub 6.50 bln, the credit portfolio amounted to Rub 31.78 bln and obligations to households equaled Rub 36.04 bln.
