Russian President Vladimir Putin has awarded the Chairman of the Board VTB Andrey Kostin with the order “For merits before Fatherland” II degree. The corresponding decree published on the official Internet portal of legal information.
The award with the formulation “for the big contribution in socially-economic development of the Russian Federation and many years of diligent work”.
Andrey Kostin heads the state Bank of VTB since 2002.
In 2015, Kostin was ranked second in the list of most highly paid top managers of Russia according to Forbes magazine. The annual income of the head of the VTB magazine estimated at $ 21 million. In 2014, Kostin topped the ranking with an income of $ 37 million.
