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Report: RBI's Russian unit names new retail head

Roman Zilber, who oversees the small business segment at AO Raiffeisenbank, will be appointed head of the lender's retail division and will be included in its management board, Vedomosti reported March 16, citing the Russian lender.

Zilber will replace Andrii Stepanenko, who in December 2017 was named new management board member at the Russian lender's parent, Raiffeisen Bank International AG.

Citing Zilber, Vedomosti also reported that Raiffeisenbank is working on a system to remotely provide banking services to clients, which will allow the lender to expand its presence to 82 cities from 44 across Russia.