VTB Hires St. Petersburg Official Molchanov, Kommersant Says

VTB Group (VTBR) hired St. Petersburg’s former vice-governor, Yuri Molchanov, to supervise the bank’s infrastructure projects, Kommersant said, citing the bank’s press service.

Molchanov, who worked with his then colleague and now Prime Minister Vladimir Putin at Leningrad State University in developing the university’s international ties, was appointed VTB’s senior vice president as of Feb. 14, the newspaper said.

To contact the reporter on this story: Marina Sysoyeva in Moscow msysoyeva@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net

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