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Sberbank — Board/Management Information 2013
Jan 23, 2013
6349_rns_2013-01-23_c7423bcb-e352-4d93-982b-462f7e8604d8.pdf
Board/Management Information
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Sberbank / Miscellaneous
23.01.2013 16:21
Dissemination of a UK Regulatory Announcement, transmitted by EquityStory.RS, LLC - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------------
January 23 2013, Moscow - Herman Gref, CEO and Chairman of the Management Board of Sberbank of Russia, has proposed changes to be made in the structure of the Management Board, to later be approved by the Supervisory Board.
Herman Gref has proposed that Maxim Poletayev, Chairman of the Moscow bank of Sberbank, joins the Management Board and that Viktor Orlovskiy steps down from the Management Board. However, Viktor Orlovskiy will continue to work in his position of Senior Vice President within the IT Block, and will be responsible for the innovations to be introduced by the Sberbank Group, including the operations of Sberbank's venture fund.
Vadim Kulik, member of the Board, Senior Vice President and curator of the 'Risks' block is suggested for general supervision of the IT block.
Following the change the Management Board of Sberbank will continue operations following the approval of the Supervisory Board and confirmation of the changes by the appropriate regulatory authorities.
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Sberbank of Russia Alexander Baziyan Public Relations Tel. +7(495) 957 5721 [email protected]
Sberbank of Russia is the largest bank in Russia and holds almost one third of all Russian banking sector assets. The Central Bank of the Russian Federation is the founder and major shareholder of Sberbank, owning 50% of the total share capital plus one voting share. Other shares are held by more than 245,000 individual and institutional investors. The Bank has the largest distribution network in Russia with over 19,000 offices as well as subsidiaries in 20 countries including the CIS, Central and Eastern Europe and Turkey. In September 2012, Sberbank completed the acquisition of DenizBank AS which is ranked 6th among private and 9th among all Turkish banks by consolidated total assets.
The Bank holds the general banking license No.1481 issued by the Bank of Russia.
The official website is www.sberbank.ru.
23.01.2013 EquityStory.RS, LLC's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
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English Sberbank 19 Vavilova St. 117997 Moscow Russia |
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| Phone: | +7-495-957-57-21 | ||
| Fax: | |||
| E-mail: | [email protected] | ||
| Internet: | www.sberbank.ru | ||
| ISIN: | US80585Y3080, RU0009029540, RU0009029557 | ||
| Listed: | Open Market (Entry Standard) in Frankfurt; MICEX, RTS | ||
| Category Code: | MSC | ||
| LSE Ticker: | SBER | ||
| Sequence Number: | 1306 | ||
| Time of Receipt: | Jan 23, 2013 16:21:18 |
End of Announcement EquityStory.RS, LLC News-Service