Sverdlovsk Gubernskiy Bank’s Board of Directors suggested that Sergey Prygunov should become the bank’s Chairman of the Supervisory Board. At the moment, this candidate is the current Chairman’s first deputy and used to be SKB-Bank’s Deputy Chairman of the Supervisory Board for Retail Lending.

‘Sergey Prygunov is an experienced manager that proved highly efficient at running SKB-Bank’s key business segment. Now he is to implement the recovery plan Sinara Group came up with for Sverdlovsk Gubernskiy Bank’s troubled finances. This plan provides for a dramatic improvement of the bank’s financial management system and some significant enhancement of its effectiveness, as well as reaching the optimal subsidiary number, updated product range, and so on,’ says Mikhail Khodorovskiy, General Director of Sinara Group and SKB-Bank’s BOD Chairman.

‘Sergey N. Prygunov was born on April 13, 1966. He graduated from Sverdlovsk Law School and entered the banking business in 1992. He had been employed in the capacity of Uralvneshtorgbank’s Vice President and held managerial posts in Sberbank’s Ural branch and Rosbank’s Ural subsidiary. He has been SKB-Bank’s Deputy Chairman of the Supervisory Board since March 2007 and was appointed Sverdlovsk Gubernskiy Bank’s First Deputy Chairman of the Supervisory Board in December 2008,’ says Sverdlovsk Gubernskiy Bank’s official report.