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Sberbank — Board/Management Information 2014
Feb 16, 2014
6349_rns_2014-02-16_09dd3c05-f814-4bf0-ab72-c12cfa8d15ff.pdf
Board/Management Information
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14.02.2014 16:17
Dissemination of a Regulatory Announcement, transmitted by EquityStory.RS, LLC - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------------
February 14, 2014, Moscow - Sberbank of Russia announces that Andrey Donskih, Deputy Chairman of the Board of Sberbank of Russia and Head of Sberbank CIB, is leaving the company.
The duties of the Head of Sberbank CIB will be carried out by Alexander Bazarov, Deputy Head of Sberbank CIB, Member of the Board, Senior Vice President of Sberbank of Russia.
CEO and Chairman of the Board of Sberbank of Russia Herman Gref commented: 'Sberbank thanks Andrey Donskih for his significant contribution to the development of the Bank's corporate business, which currently has a leading position in the Russian market. During the years Mr. Donskih spent at Sberbank the corporate block was significantly strengthened, the integration with Troika Dialog was completed and Sberbank CIB's corporate and investment banking business was created. This is a joint decision by Andrey Donskih and Sberbank and we support Andrey's intention to give new direction to the development of his career. We wish him all the best in his future endeavors.'
'I am grateful to the Bank and its team for the opportunity to implement my ideas in the largest financial institution in Russia and Eastern Europe. During this time at Sberbank I acquired unique experience and knowledge and together we managed to build and fine-tune a service mechanism for corporate clients, which gave the Bank a leading position in this segment,' said Andrey Donskih.
Andrey Donskih has over two decades of experience working in Russia's financial industry. He joined Sberbank of Russia in March 2010 as Deputy Chairman of the Board. Prior to this he held a number of executive positions in various major banks, including Chairman of the Management Board of Uralsib Bank and CEO of the corporation.
Mr. Donskih has degrees in economics and finance. He is a recipient of the Order for Distinguished Service, Second Class.
# # Sberbank of Russia Press office Alexander Baziyan Tel. +7(495) 957 5721 [email protected]
Sberbank of Russia is Russia's largest bank and a leading global financial institution. Sberbank holds almost one third of aggregate Russian banking sector assets, it is the key lender to the national economy and the biggest deposit taker in Russia. 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, with the remaining 50% held by domestic and international investors. Sberbank has more than 110 million individual customers and 1 million corporate clients in 20 countries. Sberbank has the largest distribution network in Russia with more than 18,000 branches, and its international operations include UK, US, CIS, Central and Eastern Europe, Turkey and other countries.
The Bank holds the general banking license No.1481 issued by the Bank of Russia. The official website is www.sberbank.ru.
14.02.2014 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 |
E-mail: [email protected] Internet: www.sberbank.ru ISIN: US80585Y3080, RU0009029540, RU0009029557 Listed: Frankfurt in Open Market (Entry Standard) ; MICEX, RTS Category Code: MSC TIDM: SBER Sequence Number: 1896 Time of Receipt: Feb 14, 2014 16:17:02
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