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Rating Agency ACRES will be headed by former Chairman of the Central Bank Mikhail Sukhov. The top Manager also has experience in VTB, which ACRE conflicted because of the rating. It was after this the number of accredited agencies has increased and now Mr Sukhov will expand our customer base and to develop additional services in the face of tough competition.The rating Agency AKP reported that the General Director will be Mikhail Sukhov, the decision was taken by the Board of Directors of the organization. He will replace Maxim Bogdashina, at the end of last year came from Oliver Wyman. According to Mr. Sukhov, given in the message of an ACRE, the main tasks in his new position, he believes “a substantial increase of the customer portfolio, expansion of coverage, with expertise in credit risk of new sectors and the development of non-rated services.” The term of the contract, a new Director General will be five years, reports “Interfax”.ACRE was created in late 2015. Shareholders of the Agency were 27 Russian companies and financial institutions with a share of 3.7%. The first Director of ACRE was Ekaterina Trofimova, who at the beginning of 2019 went to work in the Russian office of Deloitte, the Agency has been accredited by the Central Bank. Now, the proportion of issuers with ratings of ACRES on the Russian bond market among the banks is 85%, and other financial institutions — 62% of subjects of the Federation — 66%, reported in the transparency report for the year 2019. ACRE revenue from rating activities amounted to 467,8 million rubles from value-added services — 9,1 million rubles Mikhail Sukhov from 1993 to 2016 worked at the Central Bank. The last four years of this period he held the post of Chairman, responsible for the supervision of systemically important banks, the development of measures to enhance their resilience and the banking sector in General, licensing and financial recovery. In the second half of 2016 moved to the position of Deputy Chairman of VTB, where he worked for less than two years.In particular, according to the head of Bank Andrey Kostin, VTB Bank did not accept the methodology used ACRES. “We’ve complained about (foreign.— “B”) rating agencies, in their politicized approach. ACRA offers, as we find in the case of Gazprombank, and the rate is even lower in international rankings”,— said at the beginning of 2017 Mr. Kostin. Then he, in particular, proposed to increase the number of accredited Russian Agency at least to three, “that was the choice, and look at those agencies that a more professional approach to solutions”. Now Mikhail Sukhov will have to reap the fruits of these recommendations.After ACRE accredited by the Central Bank was “Expert RA”, and in the autumn of 2019, the regulator made in the register two more Russian National rating Agency and the Agency “National credit ratings”. Deputy Minister of FINA��owls Alexei Moiseev in conversation with “Kommersant” said that now “the dynamics of development of the industry has somewhat pozariha”. However, the official is sure that Mr. Sukhov “can this momentum be back.” “Mikhail Sukhov worked together on various serious projects”,— said Mr. Moses, expressing confidence that “the Agency is a good choice.”Ilya Usov, Olga Cherenkova