By Andrei Skvarsky.
Alfa Bank has promoted Petr Smida, one of its top executives, to the role of board chairman, a job he already held at the firm for several months in 2008.
Smida, who held US- and Czech-based positions at banking arms of General Electric before joining Alfa, was the Russian bank’s chief executive for a while. The lender grew sixfold under his stewardship, according to a statement by Alfa, which is Russia’s largest privately owned bank.
Smida was a member of Alfa’s board from October 2008 to his current appointment.
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