Mikhail Prokhorov was elected as the Chairman of the Board of Directors of IFC Bank

16 July

At a duly constituted meeting of the Board of Directors of JSC JSCB “International Financial Club” (hereinafter referred to as the “Bank”), Mikhail Dmitrievich Prokhorov was re-elected as the Chairman of the Bank’s Board of Directors. Minutes of the appointment of the Chairman of the Board of Directors was signed on July 13th, 2018.

As a reminder, 39.42% of the IFC Bank’s shares, earlier owned by WINTERLUX LIMITED, were bought out by Prokhorov M.D. From that point forward, Mikhail Prokhorov owns a block of shares equal to 83.636% and is a major shareholder of JSC JSCB “International Financial Club”.