The Bank of Russia has agreed upon the candidature of Dmitri Ivlyushin to the position of a deputy management board chairman at M2M Private Bank, the bank’s press service reported.
As a management board member he will oversee the investment division, including trust management, bank-managed mutual funds, investment consulting, brokerage and investment banking services.
Dmitri Ivlyushin was born on March 15, 1972 in Moscow. He graduated from the Ordzhonikidze Moscow Aviation Institute and received a MBA degree at the California State University (USA). His banking career began in 1996 at Dialog-Optim, later he joined Bank Absolut where he acted as a deputy management board chairman from 2002 until 2007. In 2007, after Bank Absolut was sold to Belgian group KBC, its former shareholders set up management company Everest Asset Management where Ivlyushin, as a board member, managed assets worth Rub 15 bln.
M2M Private Bank is a mid-sized Moscow-based lender specialized in serving households and owners of large private capital. The bulk of the bank’s activities falls to securities operations and classical banking services. The bank is also aggressive on the FX market. Currently, the bank’s beneficial owners, via the sole shareholder (Prosop Invest), are former Expobank participants Andrei Vdovin, Kirill Yakubovsky, Pavel Maslovsky, Peter Humbro (20% each), and also Andrei Novikov and Svetlana Bezrukova (10% each).
As Banki.ru data show, as of July 1, 2012 the lending institution’s net assets were equal to Rub 24.53 bln (No. 139 in Russia), capital (calculated in line with CBR requirements) came to Rub 3.08 bln, the credit portfolio totaled Rub 9.94 bln and obligations to households amounted to Rub 16.81 bln.
