Jan. 12 (Bloomberg) -- Gennady Melikyan, a former first deputy chairman of Russia’s central bank, and Leonid Melamed, a former head of telecommunications and oil holding AFK Sistema, were nominated to the board of state-run lender VTB Group, Vedomosti said, citing Economy Ministry recommendations.
Melikyan left the banking regulator in September, soon after VTB gained control of the Bank of Moscow, which had unexpected bad loans, Vedomosti said. The banker denied that was the reason for his departure, the newspaper said.
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