Yandex Bank is led by a former deputy chairman …

Yandex Bank is led by a former deputy chairman … post thumbnail image

Mikhail Gromov previously worked at DOM.RF Bank and Sberbank Group.

Mikhail Gromov, former deputy chairman of the board of the bank DOM.RF, became chairman of the board of Yandex Bank. This was reported by the Interfax news agency with reference to the SPARK data.

Source: finparty.ru

  • Gromov took office on December 13, the agency said. According to the list of people controlling financial institutions, he became a member of the bank’s top management on December 1.
  • Gromov’s candidacy has been approved by the Central Bank, Forbes magazine reported, citing the press service of Yandex.

  • Mikhail Gromov’s banking career began at Alfa Bank. Since 2010, he has been working in the Sberbank group on the Development Plant project. From 2014 to 2018, he was a member of the board of Sberbank-Technologies and was responsible for the development of the bank’s production processes, digital services and back-office IT systems. Since 2018, he has been the CIO of the Sberbank International blockchain.

  • Gromov’s last place of work before joining Yandex was DOM.RF Bank, which ranks 19th in the ranking of Russian banks by assets. Since February 2019, Gromov served as vice president of a mortgage bank, and later joined the board of a credit institution.

Let us remind you that the Internet company Yandex is building its bank on the basis of the Acropolis financial organization. The company acquired it in April 2021 for 1.1 billion rubles. In June, Yandex signed an agreement to connect to the Fast Payment System (FPS). In September, the internet company opened 27 vacancies in its fintech division.

Yandex Bank plans to launch its first loan product in 2022. In early December, media reported that the bank would launch credit cards before the end of this year.

Read also: can Yandex change fintech in Russia – what experts say.

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