Artem Dovlatov Appointed Director General of VEB-Leasing

The Board of Directors has appointed Artem Dovlatov as Director General of VEB-Leasing, effective from 14 September 2018. He also retains the position of Vnesheconombank’s Deputy Chairman.

A graduate of the State Institute of Management, Artem Dovlatov has a Candidate of Science (Economics) degree, and also an Executive MBA from London Business School.

Artem worked for such leading Russian companies as Aeroflot and Power Machines, and held key positions at VTB Bank and Sberbank. In March 2016, Artem joined the VEB team. From June 2018, he had been holding the position of Acting Director General of VEB-Leasing.

VEB-Leasing uses leasing arrangements to provide support for the domestic economy. The Company’s core business is related to leases of modern aircraft, high-technology equipment, railway vehicles, sea and river vessels, motor vehicles and special-purpose equipment. According to Expert RA rating agency, VEB-Leasing, which has been operating since 20013, is one of the leaders in the Russian leasing industry.

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VEB Group and the Kemerovo Region agree to deliver development projects

During the Eastern Economic Forum, VEB Infrastructure (InfraVEB) and the Kemerovo Region Administration Board entered into a cooperation agreement.

The document was signed by Deputy Chairman of Vnesheconombank Yuriy Korsun, Acting First Deputy Governor Vladimir Chernov representing the Kemerovo Region Administration Board, and Director of the Kemerovo Region Agency for Attracting and Protecting Investments Vitaliy Kupriyanov.

The agreement identifies the main avenues of cooperation on joint delivery of investment projects in the Kemerovo Region.

«VEB Infrastructure is already engaged in the preparation and implementation of major investment projects in the Kuznetsk Basin. A project aiming to develop a world-class ski resort in Sector B of the Sheregesh sports and tourist cluster is just one example. Undoubtedly, our cooperation will contribute to the quality preparation of investment projects and concession agreements slated for implementation, and encourage extra-budgetary investment in the local economy." said Yuriy Korsun.

«In compliance with the Russian President’s May Decree, the Kemerovo Region Development Strategy 2035 identifies eight development priorities. The primary objective is to elaborate new flagship projects: construction of the Kemerovo bypass route; construction of a surgery facility for the regional children’s hospital; and development of tourist clusters. Our partnership with InfraVEB will facilitate the regional infrastructure upgrade and help prepare projects for attracting extra-budgetary investment," said Vladimir Chernov.

A subsidiary of Vnesheconombank, InfraVEB has been established on the basis of the existing companies, Federal Centre for Project Finance and VEB Engineering. InfraVEB engages in investment project preparation, provides support for investment projects at early stages, attracts extra-budgetary investment, and renders project monitoring services at the investment and operational stages.

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