Supervisory Council

The Supervisory Board of VTB Bank (Azerbaijan) is valid under the legislation of the Azerbaijan Republic, the Bank's Charter, the provisions of the Supervisory Board and other internal documents of the Bank. The Supervisory Board includes general management of the activities of the Bank, except for the issues referred by the legislation and the charter of the Bank to the competence of the General Meeting of Shareholders.

Denis Aleksandrovich Bortnikov  

Chairman of the Supervisory Board

Since 2011 - JSC VTB Bank, Head of the North-West Regional Center, Senior Vice President. November 2011: Member of VTB Bank Management Board. May 2017: Deputy President and Chairman of VTB Bank Management Board.

2007 – 2011 - JSC VTB Bank North-West, Deputy Chairman of the Management Board, First Deputy Chairman of the Management Board, Chairman of the Management Board.

2006 – 2007 - Deputy Head of JSC Vneshtorgbank Branch in St. Petersburg.

2004 – 2006 - Advisor to General Manager of the North-West Branch of GUTA-BANK, Deputy General Manager of the North-West Branch.

1996 – 2004 - JSC Industry and Construction Bank (to be renamed in June 2007 to JSC VTB Bank North-West). Consultant with Liquidity Management Department, Consultant with Transfer Operations Department, Consultant with the Department of Financial Instruments, Senior Consultant with the Brokerage Department, Chief acquiring and authorization expert, Head of the Acquiring and Authorization Department.

1974 - Born in the Leningrad region.


Tsarev Sergey Vladimirovich

Deputy Chairman of the Supervisory Board 

Previously held positions: 

04.1998 – 11.1998 - State Specialized Russian Export-Import Bank  (Roseximbank): Economist of bank loans and guarantees Unit of credits and guarantees Division of crediting and clients settlement servicing Department 

12.1998 – 12.2000 - JSCB "Eurofinance": the assistant to the First Deputy Chairman of the Management Board.  

01.2001 – 08.2001 – OJSC Khanty-Mansiysk bank (the Moscow branch): the chief expert of Treasury.
08.2001 – 12.2001 - Bank «Central society of the mutual credit» (OJSC): the adviser of the Chairman of the Management Board.

12.2001 – 06.2005 - The International Investment Bank: the senior officer of investment lending Division.

07.2005 – to date - OJSC VTB Bank: Managing director of Central Asia banks unit of CIS banks coordination Division of Subsidiary banks Department.

In 2000 graduated from Finance Academy under Russian Federation Government in "World Economic"

Born in 1978, Moscow, Russian Federation. 


Popov Dmitriy Serqeyevich

Member of the Supervisory Board 

It has been appointed a member of the Supervisory Board of OJSC VTB Bank (Azerbaijan) in 2016.  

In June 2014 he was appointed Vice President, Director of the Department of Strategy and Development of Retail Business of VTB Group.

In 2012, he moved to VTB24 CJSC, where he headed the Retail Business Strategy Department since its inception in the position of Vice President, Head of Department.

In 2009 started working in the Strategy and Corporate Development Department (SCDD) JSC VTB Bank as Director, Managing Director, and later as the Head of Corporate Development Department, SCDD.

In 2006, he left the company for McKinsey & Company, where he worked as a consultant on projects in the fields of finance, banking and oil and gas industry with a focus on strategy development, marketing and sales.

In 2005 he graduated from the Economics Faculty of the State University - Higher School of Economics. In 2013-2014, he passed a series of training programs (executive education) in the Stanford Graduate School of Business.

Since 2003 he worked in the Moscow Reinsurance Company ("Moscow Re” OJSC), starting with the trainee, and the last position as Director of Finance and Investment Department.

Was born in 1983 in Samara.