Transition to the New Model
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2016 Crisis Management 2017-2018 Transformation 2019-2021 Deployment
As a national development institution, we contribute to Russia’s long-term economic development primarily by supporting high value-added manufacturing, high-technology projects, export and infrastructure development ensuring the country’s economic growth
Russia’s largest development institution
Equity
349
billion roubles
Assets
3 383
billion roubles
Loan Portfolio
1 767
billion roubles

State Development Corporation VEB.RF operates under the federal law on the development bank.

The primary objective of the national development institution is to contribute to long-term economic growth. In partnership with commercial banks, VEB.RF provides financing for large-scale projects to develop the country’s infrastructure, industrial production and social sphere, strengthen its technological potential and improve the quality of life.

The highest governing body of VEB.RF is the Supervisory Board chaired by the Russian Prime Minister.

In accordance with the Memorandum on Financial Policies, VEB.RF is involved in national projects aimed at implementing the May presidential decree. The operating principles include activities without competition with commercial banks, transparency and break-even performance in project financing.

As resolved by the Russian Government, VEB.RF coordinates development institutions’ activities ensuring the country’s long-term socio-economic development.

Executive board
  • Supervisory Board
  • Chairman
  • Management Board
  • Deputy Chairman
Dmitry Medvedev
Dmitry Medvedev
Prime Minister of the Russian Federationt - Chairman of the Supervisory Board
Anton Siluanov
Anton Siluanov
First Deputy Prime Minister of the Russian Federation – Minister of Finance of the Russian Federation
Konstantin Chuichenko
Konstantin Chuichenko
Deputy Prime Minister of the Russian Federation
Maxim Akimov
Maxim Akimov
Deputy Prime Minister of the Russian Federation
Dmitry Kozak
Dmitry Kozak
Deputy Prime Minister of the Russian Federation
Vitaly Mutko
Vitaly Mutko
Deputy Prime Minister of the Russian Federation
Andrey Belousov
Andrey Belousov
Presidential Aide
Maxim Oreshkin
Maxim Oreshkin
Minister of Economic Development of the Russian Federation
Igor Shuvalov
Igor Shuvalov
Vnesheconombank Chairman
Igor Shuvalov
Igor Shuvalov
Vnesheconombank Chairman
Mikhail Kuzovlev
Mikhail Kuzovlev
First Deputy Chairman — Member of the Board
Nikolay Tsekhomskiy
Nikolay Tsekhomskiy
First Deputy Chairman — Member of the Board
Mikhail Poluboyarinov
Mikhail Poluboyarinov
First Deputy Chairman — Member of the Board
Andrei Klepach
Andrei Klepach
Deputy Chairman (chief economist) — Member of the Board
Sergey Lykov
Sergey Lykov
Deputy Chairman — Member of the Board
Alexey Miroshnichenko
Alexey Miroshnichenko
Deputy Chairman — Member of the Board
Natalya Timakova
Natalya Timakova
Deputy Chairman — Member of the Board
Svetlana Yachevskaya
Svetlana Yachevskaya
Deputy Chairman — Member of the Board
Dmitry Kurdyukov
Dmitry Kurdyukov
Deputy Chairman
Irina Makieva
Irina Makieva
Deputy Chairman
Artyom Dovlatov
Artyom Dovlatov
Deputy Chairman
Alexey Ivanchenko
Alexey Ivanchenko
Deputy Chairman
Sergey Vasiliev
Sergey Vasiliev
Deputy Chairman
Yuriy Gazaryan
Yuriy Gazaryan
Deputy Chairman
Marina Romanova
Marina Romanova
Deputy Chairman
Konstantin Chagai
Konstantin Chagai
Deputy Chairman
Andrey Moskovskikh
Andrey Moskovskikh
Deputy Chairman
Sergey Kuznetsov
Sergey Kuznetsov
Deputy Chairman
Yuriy Korsun
Yuriy Korsun
Deputy Chairman
Daniil Algulyan
Daniil Algulyan
Deputy Chairman

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