Victor Kuzmenko
About Victor Kuzmenko
Victor Kuzmenko serves as the Head of the Far East Commercial Area and Branch Manager in Vladivostok. He has a notable background in banking and retail management, with significant achievements at VTB Bank and Magnit.
Current Role at Otkritie
Victor Kuzmenko serves as the Head of Key Corporate Customers Division at Otkritie since 2019. In this role, he oversees corporate client relationships and strategic initiatives aimed at enhancing service delivery and financial performance. His leadership focuses on aligning the division's objectives with the broader goals of Otkritie, ensuring that key corporate clients receive tailored financial solutions.
Previous Experience at VTB
Kuzmenko held several positions at VTB, including Vice-President and Head of the North Caucasus Commercial Area from 2012 to 2015. During his tenure, he significantly increased the corporate loan portfolio from RUR 84 billion to RUR 130 billion. He also transformed the regional branch into the largest in Russia among 52 regional offices, achieving a 20-fold growth in the loan portfolio.
Achievements in the Retail Sector
At Magnit, Kuzmenko has been instrumental in turning around the hypermarket network's profitability. He achieved positive EBITDA within six months of his appointment. Additionally, he implemented a concept renewal project for 100 hypermarkets, resulting in an 8.5% sales increase post-renovation. His strategies have contributed to the overall financial health of the hypermarket chain.
Educational Background
Victor Kuzmenko studied at Stavropol State Agrarian University, where he earned a 1st Degree in Finance, General from 1996 to 2001. This educational foundation has equipped him with the necessary skills and knowledge to excel in various financial and managerial roles throughout his career.
Career Progression
Kuzmenko's career spans over two decades, beginning at UniCredit as Branch Manager from 2004 to 2012. He then transitioned to VTB, where he held multiple leadership roles until 2017. His diverse experience includes managing corporate banking operations, enhancing client relationships, and driving significant financial growth across various sectors.