25 February 2004 03:03
Menatep SPb to overhaul business
MOSCOW. Feb 25 (Interfax) - Menatep SPb bank plans to carry out a large-scale restructure of its business, the
bank's senior managing director Chris Evans told the press on Wednesday.
The overhaul will see the bank's head office transferred from St. Petersburg to Moscow and staff cuts of
approximately 20%.
The bank plans to standardize all internal processes and change branch management systems. About 10 regional managers
will be appointed and each will run five to six branches.
Menatep Bank is a giant waiting to be awoken, Evans said. [RU ASIA EUROPE EEU EMRG BNK ECI] me <>
[Interfax] |
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