Shareholder structure
Since December 2006, there have been a number of changes to MDM Bank’s shareholder structure designed to bring strategic investors with global banking expertise and knowledge of, and experience with, international best practices into MDM Bank. These new shareholders are providing strategic and operational advice to assist MDM Bank implement its mission.
The major owners of MDM Bank are now as follows: Mr. Sergey Popov is the majority beneficial shareholder with an approximately 77 percent beneficial interest; Olivant Limited has a 9.5 percent beneficial interest; Mr. Martin Andersson has an 8.5 percent beneficial interest; and the IFC holds a 5 percent direct interest in MDM Bank. In addition, Olivant Limited has an option to purchase a further 4.75 percent interest.
