OFSI sanctions listing
Denis Alexandrovich BORTNIKOV
Denis Alexandrovich BORTNIKOV is an individual designated on the HM Treasury — Office of Financial Sanctions Implementation (OFSI) (OFSI) sanctions list under the Russia programme, listed on 24/02/2022. Deputy President and Chairman of the Management Board, VTB Bank. This page summarises the public designation — known aliases, Russia nationality, identifying particulars, the stated reason for listing and linked parties — alongside an independent, transparent risk indicator.
Reason for listing
(UK Sanctions List Ref):RUS0243. Financial sanctions imposed in addition to an asset freeze: Trust services. Date trust services sanctions imposed: 21/03/2023. (UK Statement of Reasons):Denis Alexandrovich Bortnikov (hereafter referred to as Bortnikov) is Deputy President and Chairman of the Management Board at VTB Bank, and has close family ties to the Kremlin. VTB Bank is a government of Russia-affiliated entity, as it is owned or controlled directly or indirectly by the Government of Russia and has obtained a financial benefit or other material benefit from the Government of Russia. Therefore, as a result of his position as Deputy President and Chairman of the Management Board at VTB Bank, Bortnikov is working as a director or equivalent at a Government of Russia-affiliated entity, and is therefore obtaining a benefit from or supporting the Government of Russia. (Gender):Male
Statement of reasons as published by UK OFSI. This is the issuing authority's wording, reproduced for reference.
Designation record
| List / authority | UK OFSI (OFSI) — Russia |
|---|---|
| Entity type | Person |
| Programmes / regime | Russia |
| Date listed | 24/02/2022 |
| Source record ID | ofsi:14190 |
| Last updated (our copy) | 2026-06-04 |
Identity & particulars
| Position / role | Deputy President and Chairman of the Management Board, VTB Bank |
|---|---|
| Date of birth | 19/11/1974 |
| Place of birth | Leningrad region, Russia |
| Nationality / country | Russia |
Deep-research dossier
Not yet deep-researched
The instant review above is drawn from the public lists. A deep-research dossier goes much further — an analyst-grade OSINT report: associate & co-investment network screening, structural / ownership opacity, a dated risk trajectory, an 8-factor scoring model, and numbered, source-linked evidence. See the format in the design system.
Clarifications & right of reply
Are you Denis Alexandrovich BORTNIKOV, or an authorised representative?
You — or your counsel or agent — can file a clarification and supporting documents against this record. Filings are reviewed and verified before anything is published; submissions are never posted automatically.
File a clarification or document
Source & provenance
| Issuing authority | HM Treasury — Office of Financial Sanctions Implementation (OFSI) |
|---|---|
| Source identifier | ofsi:14190 |
| Aggregated by | Sanctiometer (independent) — verify against the issuing authority's official list before acting. |