Andrey Kostin

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Andrey Kostin is the Chairman of theBoard and President of VTB Bank, a state-controlled Russian financial institution. He has been involved in strategic initiatives including plans to acquire a 5% share in the National Payment System (NSPK), maintain cooperation with Wildberries-Russ, expand into the Far East, and support infrastructure projects such as a five-star hotel in Petropavlovsk-Kamchatsky. Kostin has publicly commented on monetary policy, stating the key interest rate will continue to decline, and highlighted concerns about investment climate factors including property rights and ex…

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