On the 20th – 21st June, VTB Capital held its Investment Forum Russia Calling: London Sessions. The conference consisted of two panel sessions, as well as individual meetings between international investors and Russian business leaders.
The first panel focused on macroeconomic topics and was titled ‘Steering cyclical growth and designing structural acceleration’. Andrey Kostin, the President and Chairman of VTB Bank Management Board; Ksenia Yudaeva, First Deputy Governor of Bank of Russia ; Vladimir Kolychev, Deputy Finance Minister and Deputy Minister of Economic Development Nikolai Podguzov participated in this session. The speakers gave their views on the main development trends of the Russian economy, the budgetary rule and fiscal policy, development prospects of the Russian stock market and the Government’s long-term action plan.
The second session, entitled ‘Economic forces and policy choices – a corporate perspective’, focused on corporate business and its development prospects. This session brought together prominent Russian Chief Executive Officers from major Russian companies. Speakers included Oleg Budargin, Director General of Rosseti; Andrey A. Guryev, CEO, Chairman of the Management Board, Member of the Board of Directors of PhosAgro; Dmitry Konov, Chairman of the Management Board of Sibur; Dr Mark Kurtser, PhD, Member of the Russian Academy of Sciences, CEO and Member of the Board of Directors of the MD Medical Group; and Oleg Bagrin, President (CEO), Chairman of the Management Board, member of the Board of Directors of NLMK. Participants of this session discussed issues of major importance for Russian business, such as the corporate strategies and the competitive advantages of Russian companies, as well as investment management and dividend policies.
Alexei Yakovitsky, Global CEO at VTB Capital, said: “The annual VTB Capital Investment Forum has long been an effective way for collaboration between the investment community and Russian business. I hope that this year participants have had an opportunity to discuss the market trends and factors that will influence Russia’s investment climate in the near future. Amidst a rapidly changing economic situation, the frank exchange of opinions is of vital importance. I am glad that our forum has become a unique platform for constructive and substantial dialogue.”