Nadezhda Yermakova takes charge of Belgazprombank
<p> </p> <p> MINSK, Jan 18 - PrimePress. Nadezhda Yermakova was appointed head of the Board of Directors of Belgazprombank OJSC on January 15, 2021, the bank’s press office reports. She assumed office on January 18, 2021. Yermakova previously headed the interim administration at Belgazprombank from June 15 to December 11, 2020. </p> <p> </p> <p> Yermakova chaired the Board of Belarusbank, Belarus’ largest state-owned commercial bank, and the National Bank of Belarus (NBB) in 2011-2014. Under Yermakova, the NBB was applying a mild monetary policy, which led to hyperinflation and depreciation of the Belarusian ruble. </p> <p> </p> <p> The Belgazprombank Board of Directors has made changes to the permanent positions of the Board members and appointed Irina Potapova first deputy chair of the Board. Potapova previously served for a long while as chief accountant and then acting chairperson of the Board (since December 11, 2020). </p> <p> </p> <p> The Financial Investigations Department of the State Control Committee of Belarus searched Belgazprombank’s office on June 11, 2020 in the criminal case on tax evasion, and detained 20 persons, including, according to some sources, two deputy chairs of the Board after former head of the bank Viktor Babariko decided to run for president in the 2020 election. He was detained on June 18, 2020 and has been staying in custody since then. </p> <p> </p> <p> On June 15, 2020, the National Bank appointed the interim administration to Belgazprombank for six months and suspended the Board. The primary shareholders (Russian Gazprom and Gazprombank) called the actions of the National Bank and Belarus’ law enforcement illegal and refused to cooperate with the interim administration. </p> <p> The new Board of Directors was elected in December 2020 after the interim administration’s mandate expired. </p> <p> </p> <p> Belgazprombank OJSC was established in 1990 as an authorized bank of Gazprom Group in Belarus. Russian Gazprom PJSC and Gazprombank JSC own 49.66% stake in Belgazprombank each; Gazprom Transgaz Belarus – 0.49%; the Republic of Belarus represented by the Ministry of Energy of Belarus – 0.097%. Belgazprombank is assigned to the systemic importance Group I. End </p>
2021-01-19
Primepress
MINSK, Jan 18 - PrimePress. Nadezhda Yermakova was appointed head of the Board of Directors of Belgazprombank OJSC on January 15, 2021, the bank’s press office reports. She assumed office on January 18, 2021. Yermakova previously headed the interim administration at Belgazprombank from June 15 to December 11, 2020.
Yermakova chaired the Board of Belarusbank, Belarus’ largest state-owned commercial bank, and the National Bank of Belarus (NBB) in 2011-2014. Under Yermakova, the NBB was applying a mild monetary policy, which led to hyperinflation and depreciation of the Belarusian ruble.
The Belgazprombank Board of Directors has made changes to the permanent positions of the Board members and appointed Irina Potapova first deputy chair of the Board. Potapova previously served for a long while as chief accountant and then acting chairperson of the Board (since December 11, 2020).
The Financial Investigations Department of the State Control Committee of Belarus searched Belgazprombank’s office on June 11, 2020 in the criminal case on tax evasion, and detained 20 persons, including, according to some sources, two deputy chairs of the Board after former head of the bank Viktor Babariko decided to run for president in the 2020 election. He was detained on June 18, 2020 and has been staying in custody since then.
On June 15, 2020, the National Bank appointed the interim administration to Belgazprombank for six months and suspended the Board. The primary shareholders (Russian Gazprom and Gazprombank) called the actions of the National Bank and Belarus’ law enforcement illegal and refused to cooperate with the interim administration.
The new Board of Directors was elected in December 2020 after the interim administration’s mandate expired.
Belgazprombank OJSC was established in 1990 as an authorized bank of Gazprom Group in Belarus. Russian Gazprom PJSC and Gazprombank JSC own 49.66% stake in Belgazprombank each; Gazprom Transgaz Belarus – 0.49%; the Republic of Belarus represented by the Ministry of Energy of Belarus – 0.097%. Belgazprombank is assigned to the systemic importance Group I. End