Vnesheconombank’s employees have formulated the following new corporate values: Development, Leadership, Partnership, Team, Honesty and Patriotism.
The formulated values were presented and approved by way of voting on June 15 at Et Cetera theatre.
In his video address to VEB’s employees, Russian Prime Minister, Chairman of Vnesheconombank’s Supervisory Board Dmitry Medvedev said, “Essentially, we are now upgrading our leading development institution. Vnesheconombank’s Development Strategy has become a milestone in the Bank’s history. The Strategy was developed and created in a short period of time. This Strategy is based on your new corporate values leadership, development and love for Motherland. But a main value in any structure is a team, personnel. It is you who every day make your Bank stronger and more reliable. I know that in the last three months, thousands of VEB’s employees participated in various questionnaires, debated at face to face sessions and in online format discussing new guidelines. So, these values won’t be any theoretical models but a real expression of your professional aspirations. In the long run, they are going to form the basis for VEB’s activity”.
Speaking before the Bank’s team at a presentation, Vnesheconombank Chairman Sergei Gorkov said that “from now on our corporate values would become guidelines for the Bank’s life and activity. The values are to be included in the Bank’s Development Strategy. A new era of Vnesheconombank is starting: VEB 2.0”. VEB 2.0 is a new result-oriented corporate culture focusing on the needs of internal and external customers.
It took more than 3 months to formulate new values. In the course of six days the Bank’s employees shared their vision of corporate values at a forum of the Bank’s internal portal, voted for more exact definitions of each value. In April, a big briefing with the participation of Sergei Gorkov was held where all the opinions and proposals were summed up and final values and a list of principles for each of them were formulated. The next stage of formulating principles was rating voting conducted at VEB Group; 4500 employees of VEB Group chose those principles that in the fullest extent were in line with the Bank’s corporate values.
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