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Sberbank — Board/Management Information 2013
Aug 21, 2013
6349_rns_2013-08-21_1df01e82-458c-4880-b9d2-f05bd8caa4ea.pdf
Board/Management Information
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Sberbank / Miscellaneous
21.08.2013 07:26
Dissemination of a UK Regulatory Announcement, transmitted by EquityStory.RS, LLC - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------------
Sberbank of Russia is completing the restructuring of its Corporate Business unit
21 August 2013, Moscow - The process of Sberbank Corporate Business unit restructuring is coming to its end. As part of it, the roles of certain key executives to be changed.
Following the integration of Troika Dialog to Sberbank Group, Andrey Donskih will focus on the development of the Group's integrated corporate investment business, as Deputy Chairman of the Board and Head of Sberbank CIB. Alexander Bazarov, as a member of the Board, will take over as Deputy Head of Sberbank CIB. Ruben Vardanyan will become Advisor to the President, Chairman of the Board of Sberbank of Russia. Svetlana Sagaidak will become Senior Vice President with her area of responsibility including clients of large, medium and small businesses, as well as regional and municipal authorities.
'Sberbank is moving from a focus on products and services to a focus on complex work with each customer segment, - said Herman Gref, President, Chairman of the Board of Sberbank of Russia. - The restructuring of the Corporate Business unit and changing roles of certain executives is due to this evolving approach. We continue to improve the organizational structure of Sberbank, making it more efficient and building towards the achievement of our long term goals'.
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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 aggregate Russian banking sector assets. The Central Bank of the Russian Federation is the founder and principal shareholder of Sberbank owning 50% of the Bank's authorized capital plus one voting share. The rest of the shares are held by international and domestic investors. More than 100 million individual customers bank with Sberbank and about 1 million of businesses. The Bank has the largest distribution network in Russia with more than 18,000 offices as well as subsidiaries in 20 countries including the CIS, Central and Eastern Europe and Turkey.
The Bank holds the general banking license No.1481 issued by the Bank of Russia. The official website is www.sberbank.ru.
21.08.2013 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
Language: English Company: Sberbank 19 Vavilova St. 117997 Moscow Russia Phone: +7-495-957-57-21 Fax: E-mail: [email protected] Internet: www.sberbank.ru ISIN: US80585Y3080, RU0009029540, RU0009029557 Listed: Frankfurt in Open Market (Entry Standard) ; MICEX, RTS Category Code: MSC LSE Ticker: SBER Sequence Number: 1602 Time of Receipt: Aug 21, 2013 07:26:44