Yuri Valentinovich KovalchukPerson

Also known as

• Yuriy Valentinovich Kovalchuk
• Юрий Валентинович Ковальчук (Cyrl)
• Yury Valentinovich Kovalchuk

Designations

• Designated by UK HM Treasury (OFSI) under program Russia since 2020-12-31. Other entities under Russia
• Designated by UK HM Treasury (OFSI) under program Trust services since 2020-12-31. Other entities under Trust services

Source remarks: RUS0007 — Mr Kovalchuk is a long-time acquaintance of President Putin and co-founder of the so called Ozero Dacha, a cooperative society bringing together an influential group of individuals around President Putin. This includes close association to other involved persons. As the chairman and largest shareholder of Bank Rossiya, which is a key stakeholder in the National Media Group, Kovalchuk has actively supported actions which are undermining and threatening the territorial integrity, sovereignty and independence of Ukraine. This includes National Media Group support of Russian policy which is destabilising Ukraine; the formation of bank branches and provision of insurance and investment throughout Crimea and Sevastopol; and support to military activities and the formation of major transport links. Through these actions Kovalchuk is providing financial services and economic resources which are contributing to the destabilisation of Ukraine and undermining the territorial integrity of Ukraine, thereby consolidating the integration of Crimea into the Russian Federation. (official source)

Key properties

Date of birth

1951-07-25

Place of birth

Leningrad (St Petersburg)

Nationality

Russia

Position

Major shareholder of Bank Rossiya and the National Media Group

Addresses

Source list & list version

Last confirmed present in UK OFSI Consolidated List of Financial Sanctions Targets list version gb_hmt_ofsi@2026-06-03, observed 2026-06-03.

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