Kostin elected chairman of the board of directors of USC
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“The Board of Directors of the United Shipbuilding Corporation, at a meeting on August 25, 2023, made a unanimous decision to elect Andrey Kostin as Chairman of the Board of Directors of USC,” the message says.
On August 23, Andrey Puchkov, former Deputy Chairman of the Management Board of VTB, was appointed General Director of USC. A few hours earlier, the VTB press service reported that Puchkov left the bank in connection with the transition to a new job. He has worked in the bank for over 20 years.
On August 10, Russian President Vladimir Putin met with Kostin. Then the head of state informedWhat VTB will receive a state block of shares USC for a period of five years. Deputy Prime Minister – Minister of Industry and Trade of the Russian Federation Denis Manturov said that he expects effective management and implementation of the state order from VTB.
Andrey Kostin has been the head of VTB since 2002. Prior to that, he headed VTB for six years Vnesheconombank. Also in different years he held the positions of head of the foreign investment department of Imperial Bank and deputy chairman of the National Reserve Bank. Kostin was awarded the full cavalier of the Order of Merit for the Fatherland.
USC was founded in 2007. The Corporation is the largest shipbuilding holding in Russia, providing 80% of domestic shipbuilding. It includes about 40 organizations, including design bureaus, research centers, shipyards, ship repair and engineering enterprises.
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