Mikhail Valentinovich Kovalchuk is an “involved person” under the Russia (Sanctions) (EU Exit) Regulation 2019 because he has been, and is, involved in obtaining a benefit from or supporting the Government of Russia by: (1) working as a director, manager or equivalent of a person (other than an individual) which is carrying on business in a sector of strategic significance to the Government of Russia, namely SBERBANK which carries on business in the financial services sector; (2) she has been, and is, involved in obtaining a benefit from or supporting the Government of Russia by working as a director, manager or equivalent of a Government of Russia-affiliated entity, namely SBERBANK (the Government of Russia directly holds more than 50% of the shares in SBERBANK and/or more than 50% of the voting rights in SBERBANK).
Additional Financial sanction (1)
Type
Date of restriction determination
#1 Type: Trust services
21.03.2023
Historical data
Names (1)
Status
Historical (last time active at 28.09.2022 20:15)
Last name/Name
Kovalchuk
First name/Name
Mikhail
Second name/Name
Valentivovich
Full name/Name
Mikhail Valentivovich Kovalchuk
Type
Primary name
Description
Member of Sberbank’s Supervisory Board
Updated: 29.04.2025. 09:16
The Sanction catalog includes Latvian, United Nations, European Union, United Kingdom and Office of Foreign Assets Control and Canada subjects included in sanction list.
