Promsvyazbank helm to go over from Konstandian to co-owner Dmitry Ananiev

By Andrei Skvarsky.

Dmitry Ananiev, one of the principal owners of Promsvyazbank, is going to replace Artem Konstandian as chief executive of what is a major Russian private bank, and may take his new job in three weeks’ time.

Konstandian will be demoted to first deputy CEO of Promsvyazbank.

The appointment of Ananiev, who was 62nd on Forbes’s 2013 list of Russia’s 200 richest people, had been proposed by Promsvyazbank’s majority shareholders and approved by the lender’s board of directors. It is subject to confirmation by the central bank, Promsvyazbank said in a statement.

According to the statement, Ananiev, who was elected to Russia’s upper house of parliament in 2006 but left his parliamentary seat in 2013, nearly two years after his term was due to expire, may take his new role after the New Year holiday season, which ends on January 10.

Dmitry Ananiev and his brother Alexei Ananiev are the chief owners of Promsvyazbank.

“A majority shareholder’s responsibility for the bank’s operating result should lead to more comfort for the bank’s clients and partners. It will also speed up the decision-making process in the current challenging market. I will exert every effort to make sure Promsvyazbank makes a quality leap forward in this difficult time and takes opportunities to enhance the value of shares,” the statement quoted Dmitry Ananiev as saying.

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