Dmitry Orlov (banker) explained

Birth Date:2 July 1943
Birth Place:Sukhumi, Soviet Union
Death Place:Moscow, Russia
Known For:Chairman of the Management Board of Vozrozhdenie Bank
Education:Moscow Institute of Finance
Occupation:banker
Children:2

Dmitry Lvovich Orlov (in Russian: Дмитрий Львович Орлов; 1943–2014) was a Russian banker who was the founder, main shareholder and Chairman of Vozrozhdenie Bank.[1] [2] [3] [4]

Early life and education

In 1968, he graduated from the Moscow Institute of Finance.

Career

In the 1970s, Orlov started work as a senior credit inspector in the Krasnogorsk department of State bank of the Soviet Union. In 1980, he became the manager in the Mytishchi branch of the State Bank. In 1986, he became manager of the Moscow Regional Office of the State Bank.[5]

In 1987, he became the head of the Moscow Regional Department of the Soviet Union's Agroprombank. Also, in 1987, Dmitry became the head of the Moscow Regional Department of the Agroprombank of the USSR. When corporatizing in 1991, Vozrozhdenie Bank appeared on the basis of management. By the mid-1990s, after privatization and several additional issues, Dmitry collected a blocking stake and began to build a classic commercial bank. The strategy was conservative: settlement services, loans, and deposits for medium and small enterprises and their employees.[6]

From 1991 to June 2012,[7] he headed the Vozrozhdenie Bank, holding the position of Chairman of the Management Board of the bank. In 1997, the bank placed ADRs on three foreign sites at once so that Western analysts and investors would know about it. In early 2008, Dmitry refused a deal to sell the bank to BNP Paribas.[8]

Later life and death

In his later life Dmitry was a member of the Banking Council under the Government of the Russian Federation, a member of the Advisory Board of the Association of Banks of Russia, a member of Russia's Economic Council, and the chairman of the board of trustees of the Financial University under the Government of the Russian Federation. Dmitry was referred to as the Patriarch of the Russian banking market.[9] [10] [11]

Dmitry Orlov passed away on December 5, 2014. His wife and two children survived him; both worked at the Vozrozhdenie Bank.[12] In the summer of 2015, the Orlov’s heirs sold their shares in the bank to Promsvyazbank, owned by the Ananyev brothers.[13] Nikolai Orlov completely resigned from the bank's shareholders in June 2017.[14]

Recognition

External links

Notes and References

  1. Web site: 2014-12-05 . Founder of Bank Vozrozhdenie Dmitry Orlov dies . . ru.
  2. Web site: 2014-12-05 . Founder of Bank Vozrozhdenie Dmitry Orlov dies . . ru.
  3. Web site: 2014-12-05 . Founder of Bank Vozrozhdenie Dmitry Orlov dies . . ru.
  4. Web site: 2014-12-05 . The founder and co-owner of Bank Vozrozhdenie Dmitry Orlov passed away. . ru.
  5. Web site: 2017-08-15 . Ten facts about Dmitry Orlov. bankir.ru . Tatyana Ternovskaya. ru.
  6. Web site: Biography of Dmitry Orlov. finparty.ru. ru.
  7. Web site: 2014-12-05. The founder of the Vozrozhdenie Bank Dmitry Orlov died. banki.ru. ru.
  8. Web site: 2012-11-23 . As the legendary banker Orlov did not sell Vozrozhdenie Bank for $ 2 billion. Elena Zubova. . ru.
  9. Web site: 2014-12-05. Association of Banks of Russia: Patriarch of the Russian banking market Dmitry Orlov dies . Association of Banks of Russia. ru.
  10. Web site: 2014-12-05. Dmitry Orlov, Chairman of the Board of Directors and the main owner of Bank Vozrozhdenie . DP Business Press. ru.
  11. Web site: 2018-09-26 . Dmitry Lvovich Orlov, Founder of the Vozrozhdenie Bank, the Patriarch of Russian banks. Marina Nesterenko. Bankovskoe Delo Magazine. ru.
  12. Web site: 2008-03-31. The parade of the patriarchs. Six elders of Russian business: Tetyukhin, Zimin, Zotov, Klyuka, Kasyanov, Orlov. FLB.Ru. ru.
  13. Web site: 2015-10-27 . The era of the Vozrozhdenie: the bank is sold after the death of the founder. Elena Zubova. . ru.
  14. Web site: 2017-06-13 . The son of the founder of the Vozrozhdenie Bank sold his shares. Yulia Lokshina. . ru.
  15. http://www.kremlin.ru/acts/bank/18589 Указ Президента Российской Федерации от 23.09.2002 № 1035 "О награждении государственными наградами Российской Федерации"
  16. Web site: 2006-06-07. Kirill Ozhivar. Dmitry Orlov, the Head of Vozrozhdenie Bank . National Banking Journal. ru.
  17. Web site: 2018-09-01. Dmitry Orlov. The Human and the Banker. Invest Foresight online magazine. ru.