Sergey Gusarov has finished his labor activity in the Subsidiary Organization JSC VTB Bank (Kazakhstan)
Sergey Gusarov has finished his labor activity in the Subsidiary Organization JSC VTB Bank (Kazakhstan) after five years of successful work. During this time, his team has managed to achieve significant progress in building a universal bank: starting literally from scratch and beginning with a small office, the VTB Kazakhstan has become a significant player in the local market. Regional network, apart from the head office, consists of 17 branches and over 30 sales points. In 2013 the Bank reached the breakeven point, and according to the results of 2014 the net profit of the VTB Kazakhstan amounted to the 4.6 million dollars equivalent, far exceeding the planned targets. The VTB Bank (Kazakhstan) will continue to adhere to the chosen development strategy and will continue to further expand the business. Alexander Kostyan, First Deputy Chairman of Subsidiary Organization JSC Bank VTB (Kazakhstan) was appointed to a post of the Acting Chairman of the Bank Management Board.