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Report: Uralsib Bank appoints head of retail

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Report: Uralsib Bank appoints head of retail

FormerVTB Group executive Vyacheslav Dusaleev is set to become head of retail atPAO Bank Uralsib, Kommersant reported April 10.

UralsibBank confirmed that Dusaleev will join the lender as an adviser, but the newspaperadded that he will be appointed management board deputy chairman after approvalby the Russian central bank.

Dusaleevwas most recently head of retail sales at OAO Russian National Commercial Bank, which operates inRussia-annexed Crimea. Once owned by PAO VTB Bank unit Bank of Moscow, the lender was acquired by Crimeanauthorities in 2014 and is now controlled by the Russian Federation.