Former head of SMP Bank Alexander Levkovsky may head Absolut Bank
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The former chairman of the board of SMP-Bank, Alexander Levkovsky, may move to Absolut Bank. This was told to Kommersant by two sources in the financial market. Another interlocutor of Kommersant knows that in the fall of this year, the chairman of the board of Absolut Bank, Tatyana Ushkova, told employees about the planned departure from her post next year. The press service of Absolut Bank told Kommersant that “in 2023, Tatyana Ushkova will continue to implement the bank’s development strategy in digital format adopted by the shareholders as chairman of the board.” But according to one of Kommersant’s interlocutors, for the first time, Alexander Levkovsky can take an intermediate position, and later head the bank.
Alexander Levkovsky since 2001 headed Promsvyazbank (PSB) (which I bought SMP Bank) under the previous owners, Dmitry and Alexei Ananyev. In 2011, he moved to SMP Bank to the position of First Deputy Chairman of the Board, and in 2015 he took the position of Chairman of the Board. Tatyana Ushkova joined Absolut Bank in 2013 as Deputy Chairman of the Board. In May 2018, she took the position of Chairman of the Board.
As Kommersant’s interlocutor notes, the appointment of Mr. Levkovsky is the decision of the controlling shareholders of the bank, which had intersection through subsidiaries with the former shareholder of SMP Bank Arkady Rotenberg, in particular, through Mostotrest. From the latest disclosed information, 77.07% of the shares of Absolut Bank belong to NPF Blagosostoyanie, which in turn is significantly influenced by Russian Railways and VEB.RF, follows from the latter shareholder structure.
However, before Alexander Levkovsky worked in banks, mainly specializing in corporate business, and Absolut Bank, with the arrival of Tatyana Ushkova, had a focus on the retail direction. Therefore, one of Kommersant’s interlocutors believes that the logic of the appointment of Mr. Levkovsky may involve the return of Absolut Bank to a universal business model.
SMP Bank and NPF Blagosostoyanie did not respond to Kommersant’s request.
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