Bloomberg News

B&N Bank Hires Bushi as Senior Executive From Russian Standard

October 03, 2011

Oct. 3 (Bloomberg) -- B&N Bank, a Moscow-based bank with about $3.7 billion of assets, hired Kamal Bushi as senior executive director from Russian Standard, according to an e- mailed statement from B&N.

British-born Bushi will be responsible for developing and promoting credit cards, the statement said.

B&N Bank reported net income of 109 million rubles ($3.6 million) for the first half of this year, according to the statement. B&N President Mikail Shishkhanov was ranked as Russia’s 176th richest person with $550 million in April by Forbes magazine.

--Editors: Stephen Kirkland, Alex Nicholson

To contact the reporter on this story: Jason Corcoran at Jcorcoran13@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


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