VTB Takes Control: United Shipbuilding Corporation’s Leadership Shift

2023-08-13 21:44:00

OSK completely goes under the control of VTB Photo: Anna Mayorova © URA.RU

The United Shipbuilding Corporation (USC) will be headed by the first deputy chairman of VTB Bank Andrey Puchkov, the post of chairman of the board of directors of USC will be taken by the head of VTB Andrey Kostin. This was reported by an informed source.

“After the transfer of the United Shipbuilding Corporation to the trust management of VTB for a period of five years, the post of chairman of the board of directors of USC will be taken by the head of VTB, Andrey Kostin. Andrey Puchko, the first deputy chairman of VTB Bank, will head the corporation, ”RBC writes, citing a source. According to him, Puchkov will leave the bank during August.

USC itself is completely under the control of VTB. This decision was announced on August 10 by Russian President Vladimir Putin. The transfer period is five years.

USC is the largest shipbuilding company in Russia. It was created by Putin’s decree in March 2007. The number of employees of USC enterprises exceeds 105 thousand people. USC shipyards build submarines, combat and patrol ships, icebreakers, transport, fishing and passenger ships. Since 2014, the Corporation has been headed by Alexei Rakhmanov.

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The United Shipbuilding Corporation (USC) will be headed by the first deputy chairman of VTB Bank Andrey Puchkov, the post of chairman of the board of directors of USC will be taken by the head of VTB Andrey Kostin. This was reported by an informed source. “After the transfer of the United Shipbuilding Corporation to the trust management of VTB for a period of five years, the post of chairman of the board of directors of USC will be taken by the head of VTB, Andrey Kostin. Andrey Puchko, the first deputy chairman of VTB Bank, will head the corporation, ”RBC writes, citing a source. According to him, Puchkov will leave the bank during August. USC itself is completely under the control of VTB. This decision was announced on August 10 by Russian President Vladimir Putin. The transfer period is five years. USC is the largest shipbuilding company in Russia. It was created by Putin’s decree in March 2007. The number of employees of USC enterprises exceeds 105 thousand people. USC shipyards build submarines, combat and patrol ships, icebreakers, transport, fishing and passenger ships. Since 2014, the Corporation has been headed by Alexei Rakhmanov.

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