Photo: Mikhail Grebenshchikov / RBC
The imposition of sanctions against Vladimir Kiriyenko, the general director of VK and the son of the first deputy head of the presidential administration of Russia, Sergei Kiriyenko, did not affect the work of the company, RBC was told in the press service of VK.
“Inclusion of the CEO Vladimir Kiriyenko in the OFAC SDN list (sanctions list of the US Department of the Treasury. — RBC) will not affect the operational and financial activities of VK, as well as interaction with partners. The company continues to operate as usual.
Biden’s Key Statements on Russia Sanctions
Kiriyenko came under sanctions “against the elites” that the United States imposed on February 22 after Russian President Vladimir Putin recognized the independence of the Donetsk and Luhansk People’s Republics. Kiriyenko has been in charge of VK (formerly Mail.ru Group) since December last year.
On Wednesday, February 23, trading in VK global depositary receipts on the London Stock Exchange, despite the sanctions, opened at $5.87 apiece, up 2.4% from the closing price on the previous day of trading. As a result of trading on February 22, VK quotes fell by almost 5% to $5.73.
