Russia’s Otkritie Holding says first deputy CEO resigns

MOSCOW, Oct 16 (PRIME) -- Vadim Kulik, a first deputy CEO of Russia’s Otkritie Holding – the parent company of Otkritie Financial Corporation (FC) Bank, will resign, a spokesperson of the company told PRIME on Monday.

“The press service of Otkritie Holding confirms the information that Vadim Kulik has decided to leave the company,” the representative said.

Kulik has been working in Otkritie Holding since May 2017. He worked as a deputy CEO at top lender Sberbank from 2008 through 2017.

From 2004 through 2008 he was a senior vice president of VTB 24, the retail arm of Russia’s second largest bank VTB.

Otkritie FC Bank is undergoing bailout procedures launched by the central bank at the end of August. First Deputy Chairman of the Central Bank Dmitry Tulin said previously that the rights of the current shareholders will be restored once the interim administration completes its work but their share in the bank will not exceed 25%.

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