Promsvyazbank's Board of Directors has accepted the majority shareholders' offer to appoint Dmitry Ananiev as the bank's Chairman of the Management Board, after his candidacy is approved by the Bank of Russia. The relevant documents will be forwarded to the Central Bank in the nearest future. The appointment can take place after the New Year holidays.

Artem Konstandian will continue his work at PSB as First Deputy Chairman of the Management Board.

"Majority shareholder's personal responsibility for the bank's operating result should lead to more comfort to the bank's clients and partners. It will also speed up the decision making process in the current challenging market. I will exert every effort to make sure Promsvyazbank makes a quality leap forward in this difficult time and embraces opportunities to enhance the shareholder value," said Dmitry Ananiev.

Promsvyazbank OJSC issued this content on 2015-12-21 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2015-12-21 15:16:09 UTC

Original Document: http://www.psbank.ru/Bank/Press/News/2015/12/21-2