Moscow makeover: Bank of Cyprus elects 6 Russians to board — RT Business

Moscow makeover: Bank of Cyprus elects 6 Russians to board — RT Business:

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Women walk past a Bank of Cyprus branch in the capital, Nicosia, on July 30, 2013. (AFP Photo)

Six Russians were elected to the 16-member board of directors of the Bank of Cyprus. The substantial minority demonstrates the large stake Russia had, and will continue to have, in the Cypriot banking system.

Vladimir Strzhalkovskiy, a former KGB official and Putin ally, was elected by other board members as vice chairman. Strzhalkovskiy is also the former CEO of Russia’s Norilsk Nikel, the world’s largest nickel and palladium producer.

Other approved nominees are Dmitry Chichikashvili, president of Insigma Group, a Moscow-based construction company, Igor Lazhevsk, Deutche Bank’s deputy chairman for Eastern Europe, Anzhelika Anshakova, a board of director of Binbank, Eriskhan Kurazov, General Director at CJSC, a Moscow-based finance group, and Anton Smetanin."

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