UKSL Sanctions designation

Elena Alexandrovna Georgieva

Individual · designated 24 February 2022

Designation identifiers

UKSL unique ID
RUS0249
OFSI group ID
14194
Designation type
Individual
Date designated
24 February 2022
Last updated
9 April 2025

Regimes

  • The Russia (Sanctions) (EU Exit) Regulations 2019

Designation sources

  • UK

Sanctions imposed

  • Asset freeze
  • Travel Ban
  • Trust Services Sanctions
  • Director Disqualification Sanction

Official reasons

  • Elena Alexandrovna GEORGIEVA is the Chair of the Board of Novikombank. Novikombank is a subsidiary of Rostec (Russian Technologies State Corporation), a major Russian state owned defence conglomerate. Novikombank plays a significant role in the implementation of Russian government programmes aimed at the development of high technology industries in Russia by providing financing to key military and civilian projects. GEORGIEVA is involved in obtaining a benefit from or supporting the Government of Russia by working as a director or equivalent of a company which carries on business in sectors of strategic significance to the Government of Russia, in particular the defence sector. The trust services sanctions were imposed on 21/03/2023.

Other information

  • The Director Disqualification Sanction was imposed on 09/04/2025.

Addresses

  • Lines: Moscow
  • Country: Russia
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This directory is not a substitute for sanctions compliance screening. Ownership and control rules can apply to entities that are not separately named. Verify the current official list and obtain appropriate advice.