5 Apr 2024 17:29

Group of individuals led by former Pochta Bank head acquires BNP Paribas Cardif's subsidiary in Russia

MOSCOW. April 5 (Interfax) - France's BNP Paribas Cardif insurance holding, a division of BNP Paribas Group, has sold its Russian subsidiary to a group of investors that includes the former head of Pochta Bank, Dmitry Rudenko.

Information about the change of ownership at Cardif Insurance LLC appeared in the Unified State Registry of Legal Entities (USRLE) on April 4.

Rudenko has received a 40% stake in the insurance company, and Konstantin Kozlov, Cardif Insurance head, has received a 15% stake. Alla Vainilavichute, Sergei Kiselev, Dmitry Rudash, Vladimir Tarkhanov, and Ruben Saghatelyan have respectively each received a 9% stake.

Cardif Insurance has been operating since 2007 and specializes in bank and credit insurance. The company's insurance services are available to clients through a network of external partners, namely automakers, insurance brokers, dealer holdings, and banks. The company has equity capital of 300 million rubles.

Rudenko become director of Pochta Bank in 2012, when it was called Leto Bank, and he resigned from the lending organization in 2021.