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.

Oseevsky Mikhail Eduardovich  

Chairman of the Supervisory Board

Oseevsky Mikhail Eduardovich has been appointed a member of the Supervisory Board of JSC VTB Bank (Azerbaijan) in 2016.

Previously held positions include:

1999 – 2003 - Since 2012 Deputy Chairman of the Management Board of VTB Bank (JSC).

2011 – 2012 - Served as Russia’s Deputy Minister of Economic Development and Trade.

2003 – 2011 - He was Vice Governor and Governor of Government of Saint Petersburg city.

1999 – 2003 - Worked for JSC Industrial and Construction Bank, first as Deputy Chairman of the Management Board and from 2001 as First Deputy Chairman of the Management Board.

1993 – 1999 - He was Deputy Managing Director and later Managing Director of CJSC St Petersburg Currency Exchange.

1986 – 1993 - He worked at the D. V. Efremov  Scientific Research Institute of Electrophysical Apparatus (NIIEFA).

Born in 1960 in Leningrad city.


Rasullu Rashad Farkhad oglu

Deputy Chairman of the Supervisory Board   

Rasullu Rashad Farkhad oglu has been appointed a member of the Supervisory Board of Bank VTB (Azerbaijan) in 2013.

Previously held positions: 

2002-2004 – Central Bank of Azerbaijan Republic, a leading specialist for Public Relations and Serial Publications Division, a leading inspector for Public Relations Services. 

Since 2004 up to now – “AtaHolding” JSC, the head of Human Resources and Public Relations Department, the head of Secretariat, Director of Department of Secretariat, Advisor to the Chairman of the Supervisory Board, Deputy of the Chairman of Management Board.  

Since 2007 up to now – ATIB, Deputy Secretary General of ATIB. 

Since 2011 up to now – “Ata Leasing” JSC, member of the Supervisory Board.

In 2000 graduated from the faculty of International Relations of Azerbaijan State University of Economy. In 2002 graduated from the Magistrates on specialty International Economic Relations of Azerbaijan State University of Economy.

Born in 1980.


Aghayev Gorkhmaz Sirajaddin oglu

Member of the Supervisory Board  

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

Previously held positions: 

Since 2016 - «Azerbaijan Global Investments», Legal adviser

05.01.2015-05.01.2016 – “Caspian Development Bank”, Member of the Supervisory Board  

Since 2014 - “AtaBank”, Member of risk management committee

01.02.2013 – “AtaBank”, Chief Legal counselor of Chairman of the Management Board

01.02.2016 – “AtaHolding”, Director of Legal department

05.01.2011-05.01.2013 – “CLC Law Firm” , Managing Partner

01.10.2007-05.01.2011- “Bank of Baku”, Director of Legal department

01.07.2006 – “Bank of Baku”, Head of Corporate law division

05.09.2005-01.07.2006 – “Bank of Baku”, Lead specialist of Corporate law division

01.02.2005-05.09.2005 – “AtaConsulting”, Director of Legal services department

09.11.2004-01.02.2005- “AtaConsulting” , Lawyer of Legal services department

09.02.2004-09.11.2004- Baku State University and Administration Academy under the President of AR Teacher (Civil law, Commercial law, Tax law and Labour law)

In 2001 graduated from the Law faculity of Baku Stat University. In 2003 graduated from the Magistrates on specialty Civil and Commercial law, in 2004 graduated from post-graduate courses on specialty Financial, Administration and Information law. 

He was born in 1980. 


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.    


Tsarev Sergey Vladimirovich

Member 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. 

Aliyev Museyeib Fayaz ogli

Member of the Supervisory Board

M.F. Aliyev has been appointed a member of the Supervisory Board in 2013.

Previously held positions include:

1992-1993 – Sabail Savings Bank, treasurer of Operations Freight Forwarding.

1993-1995 – Joint-Stock Commercial Savings

Bank of Azerbaijan, the Head of Operations Freight Forwarding of Savings

Bank (Bayil branch) No082, the Chief Accountant at the Central Office of Technical Support.

1995-1996 – JSCB “Əmanətbank”, the Chief Accountant at the Savings

Bank (Bayil Branch) N082.

1996-1998 – CB “Vileshbank”, the chairman of Management Board.

1998-2000 – JSCB “Saltanat”, Deputy Chief Accountant, Chief Accountant.

2000-2002 – JSCB “Rotabank”, Deputy Chairman of Management Board.

2002-2012 – JSC “AtaBank”, the Head of Internal

Audit, Chairmen Audit Committee, Deputy Chairman of Management Board, the first Deputy Chairman of Management.

Since 2012 up to now – JSC “AtaSığorta”, the Chairman of Management Board.

In 1993 M.F. Aliyev graduated from Azerbaijan State Economic University, on faculty of Economics. In 2002 got post-graduate degree at National Academy of Science in “Financial, monetary circulation and credit”.In 2005 he defended his thesis on topic of “The main direction of improvement of  the activity of banks in terms of market realitons” In 2006 he was awarded with the academic title of Phd.

Sciences in the specialty “Finance, Money Circulation and Credit”

Born in 1969.