Dmitry Orlov (banker)

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

Dmitry Orlov
Born(1943-07-02)July 2, 1943
Sukhumi, Soviet Union
DiedDecember 5, 2014(2014-12-05) (aged 71)
Moscow, Russia
OccupationBanker
Known forChairman of the Management Board of Vozrozhdenie Bank
External image
Dmitry Orlov in 2012. Photo by Roman Shelomenev for Forbes

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.[1]

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. 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.[6] From 1991 to June 2012,[7] he headed the Vozrozhdenie Bank, holding the position of Chairman of the Management Board of the bank.[2] In 1997, the bank placed ADR on three foreign sites at once, so that Western analysts and investors would know about it.[4] In early 2008, Dmitry Orlov refused a deal to sell the bank to BNP Paribas.[8]

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.[9][10][11]

Dmitry Orlov has died on December 5, 2014.[2][3] He has been survived by his wife and two children, both worked at the Vozrozhdenie Bank.[12][6][4]

In the summer of 2015, Orlov’s heirs sold their shares in the bank to Promsvyazbank, owned by the Ananyev brothers.[13][5] In June 2017, Nikolai Orlov completely resigned from the bank's shareholders.[14]

Recognition
  • Honored Economist of the Russian Federation (September 23, 2002).[15][16]
  • He was recognized as the Best Banking Chairman of the Board, Russia 2014 by Global Banking & Finance Review information portal.[16]
  • In August 2018, a book, dedicated to Dmitry Orlov, was published in the “Economic Chronicle of Russia” series.[17]

References
  1. "Founder of Bank Vozrozhdenie Dmitry Orlov dies" (in Russian). Interfax. 2014-12-05.
  2. "Founder of Bank Vozrozhdenie Dmitry Orlov dies" (in Russian). TASS. 2014-12-05.
  3. "Founder of Bank Vozrozhdenie Dmitry Orlov dies" (in Russian). gazeta.ru. 2014-12-05.
  4. "The founder and co-owner of Bank Vozrozhdenie Dmitry Orlov passed away" (in Russian). Vedomosti. 2014-12-05.
  5. Tatyana Ternovskaya (2017-08-15). "Ten facts about Dmitry Orlov" (in Russian). bankir.ru.
  6. "Biography of Dmitry Orlov" (in Russian). finparty.ru.
  7. "The founder of the Vozrozhdenie Bank Dmitry Orlov died" (in Russian). banki.ru. 2014-12-05.
  8. Elena Zubova (2012-11-23). "As the legendary banker Orlov did not sell Vozrozhdenie Bank for $ 2 billion". Forbes (in Russian).
  9. "Association of Banks of Russia: Patriarch of the Russian banking market Dmitry Orlov dies" (in Russian). Association of Banks of Russia. 2014-12-05.
  10. "Dmitry Orlov, Chairman of the Board of Directors and the main owner of Bank Vozrozhdenie" (in Russian). DP Business Press. 2014-12-05.
  11. Marina Nesterenko (2018-09-26). "Dmitry Lvovich Orlov, Founder of the Vozrozhdenie Bank, the Patriarch of Russian banks" (in Russian). Bankovskoe Delo Magazine.
  12. "The parade of the patriarchs. Six elders of Russian business: Tetyukhin, Zimin, Zotov, Klyuka, Kasyanov, Orlov" (in Russian). FLB.Ru. 2008-03-31.
  13. Elena Zubova (2015-10-27). "The era of the Vozrozhdenie: the bank is sold after the death of the founder". Forbes (in Russian).
  14. Yulia Lokshina (2017-06-13). "The son of the founder of the Vozrozhdenie Bank sold his shares" (in Russian). Kommersant.
  15. Указ Президента Российской Федерации от 23.09.2002 № 1035 "О награждении государственными наградами Российской Федерации" [Decree of the President of the Russian Federation of September 23, 2002 No. 1035 "On Awarding with State Prizes of the Russian Federation"] (in Russian)
  16. Kirill Ozhivar (2006-06-07). "Dmitry Orlov, the Head of Vozrozhdenie Bank" (in Russian). National Banking Journal.
  17. "Dmitry Orlov. The Human and the Banker" (in Russian). Invest Foresight online magazine. 2018-09-01.


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