Dmitry Orlov (banker)


Dmitry Lvovich Orlov was a Russian banker; the founder, a main shareholder and Chairman of the Management Board of Vozrozhdenie Bank.

Biography

In 1968, he graduated from the Moscow Institute of Finance.
In 1970s he worked 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.
In 1987 he became the head of the Moscow Regional Department of the Soviet Union's Agroprombank. In 1987, he 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 the management. By the mid-1990s, after privatization and several additional issues, Orlov 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. From 1991 to June 2012, he headed the Vozrozhdenie Bank, holding the position of Chairman of the Management Board of the bank. In 1997, the bank placed ADR on three foreign sites at once, so that Western analysts and investors would know about it. In early 2008, Dmitry Orlov refused a deal to sell the bank to BNP Paribas.
He had been 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 the Russia's Economic Council and the chairman of the board of trustees of the Financial University under the Government of the Russian Federation.
He had been referred to as the Patriarch of the Russian banking market.
Dmitry Orlov has died on December 5, 2014. He has been survived by his wife and two children, both worked at the Vozrozhdenie Bank.
In the summer of 2015, Orlov’s heirs sold their shares in the bank to Promsvyazbank, owned by the Ananyev brothers. In June 2017, Nikolai Orlov completely resigned from the bank's shareholders.

Recognition