FormerOtkritie Holding JSCexecutive Konstantin Bobrov is set to become management board chairman atPAO Bank Uralsib, Vedomosti reported April 13, citingmarket sources.

Bobrovwill initially join the lender as an adviser and will be appointed to theposition of chairman after approval by the Russian central bank, the newspapersaid.

Itadded that Bobrov started his career at PSB Bank and also worked for .