RBC DAILY. Jan Janowski, an investment banker, the founder and managing partner at First Nation Societe Bancaire, was elected a board member at ImoneyBank. According to RBC daily, he would engage in preparing for the sale a 25% interest in the bank’s capital.
ImoneyBank co-owner Sergei Vostrikov said, Janowski was invited to join the board in order to help sharpen the bank’s investment appeal. “In the second half of next year we plan to take on board some portfolio investors, e.g. IFC. We invited Jan just to help us out with this matter," said Vostrikov, adding he is a versed expert in investment banking, and he has quite a lot of friends in the investment community. According to Vostrikov, ImoneyBank intends to sell no more than 25% of the bank to investors, and stage an IPO in the next five years.
In the early 2000s Janowski was the head of corporate finance projects at Central Europe Тrust Ltd., and later served as a managing director of the corporate finance division at Rosbank. He was elected a member of the International Council on Mining and Metals of the World Economic Forum in Davos in 2008. Janowski told RBC daily that he will work on options for the bank to borrow on the investment market both in Russia and abroad. The bank already took the first step in this direction as this fall the bank came out with its debut bonded loan, he noted.
The media wired that this November Igor Kim acquired a 33.2% interest in ImoneyBank through Expo Capital, a bank he controls.
In line with ImoneyBank’s development strategy, in the next two years the lender intends to boost assets to turn from a Top 300 bank into a Top 100 lending institution. By the end of 2015 the bank’s equity should nearly triple to Rub 5.5 bln and assets should climb 3.5x to Rub 50 bln. ImoneyBank specializes in issuing loans to purchase used vehicles.
