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News

27.06.2014

EXIAR CEO elected as head of Board of Directors at Eximbank

Peter Fradkov, CEO and Chairman of the Management Board of the Russian Agency for Export Credit and Investment Insurance (EXIAR), has been appointed Chairman of the Board of Directors at Eximbank of Russia.

This development came soon after another senior EXIAR executive joined the newly appointed Board of Directors – Alexey Tyupanov Member of the Management Board and Head of Business Development.

The decisions to appoint the new members and Chairman of the Board of Directors were taken by the Bank for Development and Foreign Economic Affairs (Vnesheconombank) – the sole shareholder of Eximbank – and Eximbank's Board of Directors respectively.

The Russian Agency for Export Credit and Investment Insurance (EXIAR) was established in 2011 as an open joint-stock company. EXIAR’s mission is to support Russian high-tech exports by insuring export credits against commercial and political risks, as well as Russian investments abroad against political risks. Vnesheconombank is the sole shareholder of EXIAR. The agency's charter capital is RUB 30 billion.

External Communications EXIAR