DGAP-News: Sberbank of Russia

DGAP-News: Supervisory Board decides on new management appointments

Sberbank / Key word(s): Miscellaneous/Miscellaneous

28.06.2016 13:33

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Supervisory Board decides on new management appointments

June 28, 2016, Moscow - The Supervisory Board of Sberbank has held a meeting during which it has decided on a number of new management appointments at Sberbank.

The Supervisory Board has approved the candidacy of Julia Chupina, currently Senior Vice-President of Sberbank, to be appointed Deputy Chairman of the Executive Board of Sberbank. The request to approve the appointment will be sent to the Central Bank of Russia.

The Supervisory Board also decided on the following new appointments:

* Oleg Ganeev, Deputy Chairman of the Executive Board, currently in charge of Sberbank's corporate and investment business unit Sberbank CIB, will be managing the Regional Development block and oversee the management of Sberbank's distressed assets; * Petr Koltypin, who is currently in charge of the Regional Development block as a Senior Vice-President of Sberbank, is appointed Chairman of the Volga-Vyatka Bank of Sberbank. A request to approve the appointment of Petr Koltypin will be sent to the Central Bank of Russia. * Igor Bulantsev will become the acting Co-Head of Sberbank CIB. Currently he is Vice President, Director of the Client Management Department of Sberbank CIB.

"Today, a successful work in the banking industry implies maximal flexibility and a broad variety of skills and competencies", Herman Gref, CEO, Chairman of the Executive Board of Sberbank, said. "The changes in Sberbank's management team will encourage further professional and personal development of both the managers and the employees of their departments. As a consequence, it will result in the growth of the bank's business and the implementation of our strategy".

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Sberbank Alexander Baziyan Press office Tel. +7(495) 957 5721 media@sberbank.ru Sberbank 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 135 million individual customers and more than 1 million corporate clients in 22 countries. Sberbank has the largest distribution network in Russia with almost 17,000 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. Official websites of the Bank: www.sberbank.com (Sberbank Group website), www.sberbank.ru.

28.06.2016 The EquityStory.RS, LLC Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap.de

--------------------------------------------------------------------------- Language: English Company: Sberbank 19 Vavilova St. 117997 Moscow Russia Phone: +7-495-957-57-21 Fax: E-mail: media@sberbank.ru Internet: www.sberbank.ru ISIN: US80585Y3080, RU0009029540, RU0009029557, US80585Y4070 Listed: Open Market (Entry Standard) in Frankfurt ; London, MICEX, RTS End of Announcement EquityStory.RS, LLC News-Service ---------------------------------------------------------------------------