Vekselberg, Kerimov change their representatives on MFK board
MOSCOW. Feb 15 (Interfax) - The shareholders of the bank International Financial Club (MFK) have elected a new board of directors, and Nafta Moskva owner Suleiman Kerimov and Renova beneficiary Viktor Vekselberg have changed their representatives on the board.
A statement issued by MFK says seven of the former board members were returned: Evraz Group shareholder Alexander Abramov, his representative and chairman of the board at Invest AG Sergei Kuzmin, Vekselberg, head of the state company Russian Technologies Sergei Chemezov, his spouse and entrepreneur Yekaterina Ignatova, Onexim President Mikhail Prokhorov, and management board chairman at MFK Oksana Lifar.
Two Kerimov representatives were also elected: senior accounted of his Swiss fund in Russia Natalya Dvortsova and the general director at Venture Management Ltd, Pavel Machulin. Vekselberg representative Irina Matveyeva, the Renova group's CFO and chairman of the board at Metkombank, was also elected.
Until this time, Vekselberg had on the board the investment director at Re.A.M. Management Ltd., Dmitry Slobodnik. Kerimov had chairman of the Nafta Moskva board of directors Alexander Mosionzhik and Nafta Moskva Managing Director Anna Kolonchina.
The Onexim group acquired MFK (formerly called APR-Bank) in the fall of 2008. APR-Bank was founded as a limited-liability partnership in 1993 by Russian advertising and PR-agency group Advertising and Public Relations Group, which gave the bank its name.
MFK placed additional shares in April of 2010, raising 3.7 billion rubles. Joining the ranks of shareholders then were Abramov (19.71%), Kerimov (19.71%), Vekselberg (19.71%), and Ignatova (13.14%). Prokhorov's stake in the bank's charter capital was 27.74%.
MFK ended 2011 in 89th place by assets on the Interfax-100 ranking of Russian bank size.