Evgeny Romakov appointed Deputy Chairman of Uniastrum Bank Management Board

MOSCOW, RUSSIA, February 18, 2011 (Press-News.org) Mr. Romakov will be responsible for supervising the activities of Uniastrum's Finance DivisionEvgeny Romakov graduated the Russian Government Academy of Finance, majoring in Finance and Credit, subsequently gaining a wealth of professional experience in the financial sector, including, among other areas, a proven track record in strategic planning, budgeting, and Russian and international financial reporting standards.

Mr. Romakov's banking career stretches back over 10 years. From 2004 to 2007 he worked as CEO advisor, CFO, and Management Board Deputy Chairman, serving as Acting Chairman of the Management Board at Impexbank. He then moved to OTP Bank as Deputy Chairman of the Management Board and head of the Finance Division, remaining there until November 2010 when he began working as Uniastrum Bank's CFO.

"I've known Evgeny Romakov for some years now and regard him as a seasoned professional of the highest order with a solid background in integration projects and various other areas," says Eugene Tutkevich, Chairman of Uniastrum's Management Board. "We have no doubt whatsoever that with Evgeny at the helm of the Bank's Finance Division, its performance will prove even more productive."

CB UNIASTRUM BANK LLC was established in 1994. Uniastrum is a universal lending institution offering a comprehensive range of financial products and services, with particular focus given to the retail sector and small and medium-sized businesses. Uniastrum is one of Russia's Top-30 systemically important banks, as ranked by the Central Bank of the Russian Federation, and places among the country's Top-20 based on the size of its branch network. It is Russia's 44th largest bank by asset size, 37st by loan portfolio volume, 32th by overall retail deposits, and 13th by total auto loans (according to ratings released by RosBusinessConsulting news agency). Uniastrum Bank is a deposit insurance scheme participant. On May 31, 2010 Moody's Investors Service affirmed the Bank's long-term global foreign and local currency deposit rating at Ba2 with a stable outlook, while Moody's Interfax Rating Agency affirmed its national scale rating at Aa2.ru.
Uniastrum's regional network currently numbers around 220 offices (including 43 branches) in 48 Russian regions. Since October 31, 2008 Uniastrum Bank has been a member of the Bank of Cyprus Group.