8 august 2011

First Deputy Prime Minister Viktor Zubkov introduces Ilya Lomakin-Rumiantsev, the new Chair of the Rosselkhozbank Supervisory board, to its members

Participants:

“Mr. Lomakin-Rumiantsev has extensive working experience in the field of economics, and a reputation of a true professional. He is a highly competent and demanding leader. I am certain that his experience will ensure the effective operation of the Supervisory Board,” said Victor Zubkov.

“The main mission of Rosselkhozbank is to implement activities under the priority national project Agro-Industrial Complex Development and the state programme for agricultural development. Rosselkhozbank has become truly instrumental in the development of the nation’s agro-industrial complex,” Zubkov added.

The First Deputy Prime Minister recommended that the members of the Supervisory Board  focus on issues such as providing  credits for seasonal work to rural population, the purchase of domestic agro-industrial machinery, the completion of long-term agro-industrial investment projects, improving the quality of the bank’s credit portfolio and the creation of a strong foundation for private investment.