Kirill Zimarin

Last updated
Kirill Zimarin
Кири́лл Зимáрин
Born1971 (age 5253)
NationalityRussian
Occupationbanker
Known forFormer CEO of RCB Bank

Kirill A. Zimarin (born in January 1971) [1] is a Russian banker and businessman, and a former CEO of RCB Bank. [2] [3] [4]

Contents

Education

In 1993, Zimarin graduated with from the Lomonosov Moscow State University obtaining a bachelor's degree in economics of foreign countries and international relations, followed by a PhD in 1996 and a doctorate in economics in 2015. [5]

In 1998–2003, Zimarin was a visiting professor at Moscow and Warsaw Universities.[ citation needed ]

Career

Russia

Zimarin started his banking in 1993 and worked in some medium-sized banks as dealer in financial markets, head of international operation, and senior management positions.[ citation needed ]

In 2003 he joined VTB Group, where he served as head of department in Vneshtorgbank (now – Bank VTB) and deputy president-chairman of the executive board of CJSC Vneshtorgbank Retail Services [6] (rebranded to VTB24 in 2006) and Head of Investment Banking Division.

Cyprus

In 2005, Zimarin joined RCB Bank (then Russian Commercial Bank) as a deputy CEO and a member of the board of directors. Since 2008 he has served as CEO and continues to be a director. [7] RCB Bank is one of the largest financial institutions in Cyprus. [8]

Since 2008, Zimarin has been president of the Association of International Banks in Cyprus. The Association was set up in Limassol in 2002 and represents the interests of international banks in Cyprus, currently bringing together 23 banks. [9]

Since 2011, Zimarin has been a member of the International Affairs Steering Group of the European Banking Federation (EBF). [5] The Steering Group monitors WTO/GATS/EU bilateral trade agreement issues, foreign legislation, in particular in the US, which affect European banks.[ citation needed ] [10]

Since 2011, Zimarin has also been a director of the Association of Cyprus Banks. [5] [11]

In 2016, Zimarin was appointed a member of the International Presidential Business Advisory Council that plays an important role in forming business policy in Cyprus. [12] [ citation needed ]

In December 2016, during the signing ceremony of the first EFSI agreement in Cyprus between the European Investment Fund and RCB Bank Ltd, Zimarin stated:

“The role of the banking system in Cyprus is to provide the much needed liquidity to healthy businesses that want to materialize their investment and growth plans. This is how we help the efforts of the government to achieve viable growth”. [13]

In 2022, RCB Bank stopped its operations, following the orderly completion of its voluntary phasing out of its banking operations. [14]

Bibliography

Related Research Articles

<span class="mw-page-title-main">European Banking Federation</span> Banking industry organization

The European Banking Federation (EBF) is a trade association representing national banking associations in countries of the European Union and the European Free Trade Association. It represents over 3,500 banks and about 2.6 million employees. It was established in 1960 as the Fédération bancaire européenne.

<span class="mw-page-title-main">Nomura Securities</span> Japanese financial services company

Nomura Securities Co., Ltd. is a Japanese financial services company and a wholly owned subsidiary of Nomura Holdings, Inc. (NHI), which forms part of the Nomura Group. It plays a central role in the securities business, the group's core business. Nomura is a financial services group and global investment bank. Based in Tokyo, Japan, with regional headquarters in Hong Kong, London, and New York, Nomura employs about 26,000 staff worldwide; it is known as Nomura Securities International in the US, and Nomura International plc. in EMEA. It operates through five business divisions: retail, global markets, investment banking, merchant banking, and asset management.

<span class="mw-page-title-main">Central Bank of Cyprus</span> Monetary Authority of Cyprus

The Central Bank of Cyprus is the Cypriot member of the Eurosystem and has been the monetary authority for the Republic of Cyprus from 1963 to 2007, issuing the Cypriot pound. Since 2014, it has also been Cyprus's national competent authority within European Banking Supervision.

<span class="mw-page-title-main">VTB Bank</span> Russian state-owned bank

VTB Bank is a Russian majority state-owned bank headquartered in various federal districts of Russia; its legal address is registered in St. Petersburg; as of 2022 company's capital stock was mostly owned by three Russian agencies.

<span class="mw-page-title-main">Bank of Cyprus</span> Cypriot financial services company

The Bank of Cyprus (BoC) is a Cypriot financial services company established in 1899 with its headquarters in Strovolos.

<span class="mw-page-title-main">Hellenic Bank</span> Cypriot bank

Hellenic Bank Public Company Ltd is a bank in Cyprus. It has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.

Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra. It is India's third largest private sector bank by assets and Fourth largest by Market capitalisation. It sells financial services to large and mid-size companies, SMEs and retail businesses.

<span class="mw-page-title-main">National Agricultural Cooperative Federation</span> Cooperative company in South Korea

The South Korean National Agricultural Cooperative Federation was established in 1961 to enhance the social and economic status of its membership and to promote a balanced development of the national economy. Its role is divided into three areas: marketing and supply, banking and insurance, and extension services.

Donau BankAG was a bank in Vienna, Austria controlled by the Soviet Union and later, after the dissolution of the Soviet Union, by Russia.

<span class="mw-page-title-main">Charilaos Stavrakis</span>

Charilaos G. Stavrakis is a Cypriot banker, businessman and a politician. He served as a Finance Minister of Cyprus from 29 February 2008 until 5 August 2011.

<span class="mw-page-title-main">Cyprus Securities and Exchange Commission</span> Financial regulator of Cyprus

The Cyprus Securities and Exchange Commission, better known as CySEC, is the financial regulatory agency of Cyprus. As an EU member state, CySEC's financial regulations and operations comply with the European MiFID financial harmonization law.

Takis M. Klerides, is a Greek Cypriot accountant, banker and a politician. He served as a Finance Minister of Cyprus under president Glafcos Clerides from 19 March 1999 until 28 February 2003.

Chris Pavlou is an International banker and a business executive. He was the Vice-Chairman of Cyprus Popular Bank. He was in this position since September 17, 2012. On 28 March 2013 he resigned as Vice Chairman of Laiki Bank but in April 2015 until December 2016 was appointed by the Central Bank of Cyprus in its capacity as resolution authority as Special Administrator of the legacy entity of Laiki Bank.

Mikhail V. Kuzovlev is a prominent Russian banker and financier, president and chairman of the management board of JSC Bank of Moscow.

<span class="mw-page-title-main">Banc De Binary</span> Israeli financial firm


Banc De Binary was an Israeli financial firm with a history of regulatory issues on three continents. On January 9, 2017, the company announced that it would be closing due to negative press coverage and its tarnished reputation. The firm also surrendered its brokerage license with the Cyprus Securities and Exchange Commission (CySEC) removing its ability to legally trade in the European Union. Its 2014 revenues were reported as $100 million.

<span class="mw-page-title-main">RCB Bank</span> Former bank in Cyprus

RCB Bank was an international bank founded in 1995 and headquartered in Limassol, Cyprus.

Arnold Onyekwere Ekpe is a Nigerian banker and businessman who was the group chief executive of Ecobank, the pan-African bank with operations from Togo to Nigeria to the DRC from 2005 to 2012.

<span class="mw-page-title-main">Post Bank (Russia)</span>

The Post Bank is a Russian PAO consumer bank founded on January 28, 2016, and obtained a license from the Central Bank of Russia for banking operations No. 650 on March 25, 2016. It was previously the Leto Bank under VTB24. Prior to that, it was the "Bezhitsa-Bank" in Bryansk. The company's headquarters are in Moscow.

References