Andrey Kostin



Andrey L. Kostin (born September 21, 1956) is a Russian banker, currently President and Chairman of the Management Board of VTB Bank, Member of the Supervisory Council, Member of the Strategy and Corporate Governance Committee, and Chairman of the Board of Directors of several VTB subsidiaries, including Bank of Moscow and VTB 24, PhD in Economics. In 2007, VTB Supervisory Council extended Kostin’s term as President and Chairman of the Management Board until 2012. In April 2012, VTB Supervisory Council reappointed Kostin until 2017.Shares owned in the charter capital of VTB Bank – 0.00036%.

Kostin graduated with honors in 1979 from Moscow State University with a degree in International Economics (major: Teaching political economy). In 2001 received a PhD in Economics for a dissertation entitled "Globalisation: A Form of Internationalisation of the Economy".

He is one of the most active representatives of the Russian banking sector and is a frequent guest on CNBC, Fox News, CNN, BBC and Bloomberg TV-channel. He has three times participated in the Charlie Rose show on Bloomberg television, as well as the Hard Talk programme on BBC. He has been attending the World Economic Forum (Davos, Switzerland) since 1996.
 

Kostin was left under sanctions

Business26.06.2020

The European Court found the introduction of EU sanctions against VTB justified. The bank fell under restrictions in August 2014, after which it repeatedly tried to appeal the court decision.

Andrei Kostin chained to a bank steering wheel

Business11.06.2020

That allows Kostin to steadily lead VTB for 18 years.

Andrei Kostin has a vested interest in Lukoil diamonds

Business02.06.2020

RSPP asks Mishustin to intervene and withdraw the FAS lawsuit.

VTB waved to Hals

Business20.04.2020

The developer will cease to exist.

Andrey Kostin will flush toxic assets

Business27.02.2020

VTB takes the toxic assets of the developer.

Gref vs. Kostin - whose bank will be cooler

Business31.01.2020

There is competition between the two largest Russian state-owned banks. Rather, between their leaders - German Gref and Andrei Kostin.

Andrei Kostin’s wife is not bored in a 500-meter apartment for a billion rubles

Officials31.01.2020

The wife of the head of VTB Natalia Gordeeva owns an apartment worth more than a billion rubles in the elite Moscow residential complex "Grenade Palace".

Patriarch Kirill used the VTB offshore jet as a workhorse

Society09.12.2019

The list of aircraft passengers from Andrey Kostin was replenished by clergy and plenipotentiaries.

Svetlana Medvedeva arranged a ride on the state business jet

Society05.12.2019

The prime minister’s wife found a personal plane that could not afford either for her or for Medvedev himself.

Naila Asker-Zade received a plane, yacht and a beautiful life from the head of VTB Bank Andrei Kostin

Society03.12.2019

Favorable connection of the journalist of the state VGTRK with the state VTB.

VTB CEO Andrei Kostin spends millions of dollars on his mistress

Society03.12.2019

Journalist Naila Asker-zadeh reacted to the investigation of the Anti-Corruption Fund dedicated to her, comparing it with “native advertising”.

Andrei Kostin threatened Mozambique with default

Business25.11.2019

The head of VTB may drag Russia into an international scandal.

Andrei Kostin declares war on Dollar De Mort

Business21.11.2019

The traditional welcome for the guests of the Russia Calling! Forum, VTB head Andrei Kostin and top managers of the group opened Joan Rowling in the characters of the novel’s novels, in the story their main opponent is Dollar-de-Mort.

Andrei Kostin sat on Mechel

Business07.11.2019

VTB became the main creditor of Mechel - almost 50 billion rubles were transferred to it from Sberbank.

German Gref and Victor Vekselberg invest in governors

Officials24.09.2019

The regional election was won by the proteges of Sberbank, NAMK and Renova.

Andrey Kostin is under an umbrella

Business13.09.2019

What furnishes the apartment with the head of VTB.

Alexander Vinokurov sells medicines and lubricates skis

Business12.09.2019

Marathon Group sells its Mega Pharm pharmaceutical network. Alexander Vinokurov shoves assets to escape from Russia.

How to kill a VTB bank

Business10.09.2019

Do not ask whose money the banking elite has fun. She does it with your money.

African passions of VTB and Andrei Kostin

Business06.09.2019

The state-owned 60% VTB bank works a lot and very interestingly working abroad.

Andrey Kostin beautifully lent to his friend

Business14.08.2019

The head of VTB funded his friend Alexander Vinokurov through a deal with AFK Sistema.

How beloved TV presenter Andrei Kostin earned 3 billion

Society09.08.2019

Portrait of Naili Asker-zade, journalist and billionaire.

How beloved TV presenter Andrei Kostin earned 3 billion

Society09.08.2019

Portrait of Naili Asker-zade, journalist and billionaire.

What does a woman want: wife of Andrei Kostin gets a private reservoir

Business02.07.2019

The mansion, standing on the lands of the wife of Andrei Kostin, is not on the cadastre.

Andrei Kostin advised Mikhail Zadornov not to wave his arms

Business10.06.2019

VTB and one of its largest shareholders, Otkritie Bank, have diverged in estimates of dividends for 2018. Zadornov believes that the bank could pay dividends above the calculations made. Kostin called the dividend issue "resolved."

Andrei Kostin did not climb the tower

Business27.05.2019

VTB denied information about participation in the negotiations on the construction of the Trump Tower skyscraper in Moscow. Earlier, the former partner of Donald Trump, Felix Sayter, who oversaw the project, claimed that he had enlisted the support of the “chairman” of the state bank.

Andrei Kostin settled in Evtushenkov’s rooms

Business08.05.2019

Sistema paid for its share in Intourist is 20 times cheaper than the initial price.

Gref Kostin fight because of the asset "Rossety"

Business01.05.2019

Uralelektrostroy continues to master Sberbank funds in bankruptcy proceedings. Andrei Kostin's subordinates require competitive production for a large construction company.

Andrei Kostin achieved the Streisand effect

Society07.04.2019

The attempt of the head of VTB to block Internet resources with information about his young mistress,  Nailya Askerzade, for whom an elderly state banker does not spare money, led to the Streisand effect. The attempt of censorship led to the fact that almost all users of Runet learned about the connection of Kostin and Askerzade.