Yury Ponomaryov

Yury Valentinovich Ponomaryov (also Iouri Valentinovitch Ponomarev; in Russian: Юрий Валентинович Пономарёв; born December 15, 1946, Moscow, Soviet Union) is a Russian banker, Chairman of Board of Directors of Moscow Narodny Bank (1998–1999),[1][2][3] President and Chairman of Vneshtorgbank (1999–2002).[4][5]

Yury Ponomaryov
Born (1946-12-15) December 15, 1946
Moscow, Soviet Union
OccupationBanker
Known forChairman of Moscow Narodny Bank and Vneshtorgbank

Biography

In 1970, he graduated from the International Economic Relations Faculty of the Moscow Financial Institute. Since 1969, as a student trainee, Ponomaryov was enlisted into the Foreign Exchange and Cash Management Department of the USSR Bank for Foreign Trade (Vneshtorgbank). He served there in various positions: as an operator of international exchange operations, manager of the Department of international exchange operations, Deputy general manager. In 1973, he became Head of the Foreign exchange operations department of Vneshtorgbank.[1][5]

In 1980, Yury Ponomaryov was appointed Deputy chairman of the Board and General Manager of the Moscow Narodny Bank (MNB) in London.[6] In 1984, he returned to Moscow to become the Head of the Foreign Exchange Department of Vneshtorgbank of the USSR.[1]

In 1986, Ponomaryov became a member of the Board, Head of the Main Monetary and Economic Department of the USSR State Bank. While in this office, he became among the creators of documents on the establishment of the first commercial banks in the USSR. In September 1988, The international Institutional Investor magazine called Yury Ponomaryov “The Banker of the Year 1988”.[1][7]

In 1989, Ponomaryov left for Paris as CEO, Chairman of the Board of Directors of the Banque Commerciale pour l'Europe du Nord – Eurobank.[8][9]

At the beginning of 1992 he was called to the then head of the Central Bank of Russia Georgy Matyukhin's office and offered to deal with the situation in Vnesheconombank of the USSR, which had been in crisis at the moment. In February 1992, Yu. V. Ponomarev was appointed Chairman of the Committee for Operational Management of Vnesheconombank. In May of that year, having fulfilled his mission (on a voluntary basis: all this time Yu. V. Ponomarev was listed as the head of a Paris bank), as soon as Vnesheconombank overcame the acute stage of the crisis, he returned to his duties at the Eurobank.[1]

In May 1993, it was planned in Kremlin, that the Chairman of the Central Bank of Russia Viktor Gerashchenko would be "dismissed of his own will". Ponomaryov had been among the candidates for this office. He met with Boris Yeltsin, but, showing no burning desire to become the Russia's main banker, he returned to Paris.[1] In April 1996 he was reappointed as Chairman of the Board of Directors of Eurobank.[10]

From 1998 to 1999 he served as Chairman of the Board of the Moscow Narodny Bank in London.[7][11][12] While in this offiсe, he led a project of the Bank of Russia, according to which three Russian foreign banks - Eurobank (Paris), Moscow Narodny Bank (London) and Ost-West Handelsbank (Frankfurt) were merged into a banking group with consolidated management.[13]

In 1999, he again returned to Moscow as President, Chairman of the Board of Vneshtorgbank. He led supervisory boards of Russian banks abroad: in Paris, Zurich, Vienna, Luxembourg and Cyprus.[1][14]

In 2002, Ponomaryov became Chairman of the Board of Directors, Managing Director of the Russian-owned East-West United bank in Luxembourg, where he worked until 2005.[1]

Since 2010 he has been Chairman of the Energotransbank in Kaliningrad, Russia.[15]

Family

Married with four children.[16]

References
  1. Nikolai Krotov (2019). Moscow Narodny Bank. One hundred years of history. Moscow: International Relations. p. 464. ISBN 978-5-7133-1643-3.
  2. Ponomaryov Yury Valentinovich (in Russian)
  3. Ponomaryov Yury Valentinovich letopis.ru (in Russian)
  4. Gennady Popov (2018). Reloading Russian economy and business (in Russian). Moscow: Litres. p. 401. ISBN 978-5-0409-6173-3.
  5. "Выдающиеся учёные и выпускники МЭиМФ. Пономарёв Юрий Валентинович" [Prominent scientists and graduates of International Economic Relations Faculty. Ponomarev Yuri Valentinovich] (in Russian). Financial University under the Government of the Russian Federation.
  6. Bankers' Almanac and Year Book, 1981-82. London: International Publications Service. 1982. p. 147. ISBN 978-0-6110-0653-0.
  7. "Наследник Геракла" [Heracles' heir] (in Russian). Vedomosti. December 26, 1999.
  8. "Юрий Пономарёв: Уметь не вязать лыка" [Yury Ponomaryov: Know how to feel no pain]. bankir.ru (in Russian). April 12, 2010. Archived from the original on February 13, 2020.
  9. R. M. Whiteside (2012). Major Financial Institutions of Continental Europe 1990/91. Berlin: Springer Science & Business Media. p. 140. ISBN 978-9-4011-3022-6.
  10. "The Annual General Meeting of shareholders of BANQUE COMMERCIALS POUR L'EUROPE DU NORD - EUROBANK". Financial Times. May 15, 1996.
  11. "23 марта 1998 года председателем Правления Московского народного банка, Лондон утверждён Ю. В. Пономарёв" [On March 23, 1998 Yu. V. Ponomaryov is approved as the Chairman of the Board of the Moscow People's Bank, London] (in Russian). Central Bank of Russia. March 23, 1998.
  12. Sir Thomas Skinner (1999). The Directory of Directors: A List of the Directors of the Principal Public and Private Companies in the United Kingdom with the Names of the Concerns with which They are Associated. 2. London: Thomas Skinner Directories. p. 744.
  13. "Юрий Пономарёв: ЦБ получит мощный финансовый институт" [Yury Ponomaryov: the Central Bank will get a powerful financial institution] (in Russian). Kommersant. March 27, 1998.
  14. Stern, Babette (October 10, 1999). "La Cour des comptes russe dénonce l'opacité des filiales étrangères de la Banque centrale" [The Russian Court of Auditors denounces the opacity of the foreign subsidiaries of the Central Bank] (in French). Le Monde.
  15. "Встреча студентов с выпускником Финансового университета Ю. В. Пономарёвым" [Students met Yury Ponomaryov, a graduate of the Financial University] (in Russian). Financial University under the Government of the Russian Federation. November 15, 2017.
  16. "Пономарёв Юрий Валентинович - Биография" [Yury Ponomaryov's Biography] (in Russian). Information and political portal "Deputy affairs".
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