Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

DGAP-Regulatory: Sberbank: Sberbank of Russia announces the departure of A.M. Donskih, Deputy Chairman of the Board of Sberbank of Russia and Head of Sberbank CIB

14 Feb 2014 15:17

Sberbank / Miscellaneous 14.02.2014 16:17 Dissemination of a Regulatory Announcement, transmitted byEquityStory.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 AndreyDonskih, Deputy Chairman of the Board of Sberbank of Russia and Head ofSberbank CIB, is leaving the company. The duties of the Head of Sberbank CIB will be carried out by AlexanderBazarov, Deputy Head of Sberbank CIB, Member of the Board, Senior VicePresident 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 thedevelopment of the Bank's corporate business, which currently has a leadingposition in the Russian market. During the years Mr. Donskih spent atSberbank the corporate block was significantly strengthened, theintegration with Troika Dialog was completed and Sberbank CIB's corporateand investment banking business was created. This is a joint decision byAndrey Donskih and Sberbank and we support Andrey's intention to give newdirection to the development of his career. We wish him all the best in hisfuture endeavors.' 'I am grateful to the Bank and its team for the opportunity to implement myideas in the largest financial institution in Russia and Eastern Europe.During this time at Sberbank I acquired unique experience and knowledge andtogether we managed to build and fine-tune a service mechanism forcorporate 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'sfinancial industry. He joined Sberbank of Russia in March 2010 as DeputyChairman of the Board. Prior to this he held a number of executivepositions in various major banks, including Chairman of the ManagementBoard of Uralsib Bank and CEO of the corporation. Mr. Donskih has degrees in economics and finance. He is a recipient of theOrder for Distinguished Service, Second Class. # # #Sberbank of RussiaPress office Alexander BaziyanTel. +7(495) 957 5721media@sberbank.ru Sberbank of Russia is Russia's largest bank and a leading global financialinstitution. Sberbank holds almost one third of aggregate Russian bankingsector assets, it is the key lender to the national economy and the biggestdeposit taker in Russia. The Central Bank of the Russian Federation is thefounder and principal shareholder of Sberbank owning 50% of the Bank'sauthorized capital plus one voting share, with the remaining 50% held bydomestic and international investors. Sberbank has more than 110 millionindividual customers and 1 million corporate clients in 20 countries.Sberbank has the largest distribution network in Russia with more than18,000 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 ofRussia. The official website is www.sberbank.ru. 14.02.2014 EquityStory.RS, LLC's Distribution Services include RegulatoryAnnouncements, Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: EnglishCompany: Sberbank 19 Vavilova St. 117997 Moscow RussiaPhone: +7-495-957-57-21Fax: E-mail: media@sberbank.ruInternet: www.sberbank.ruISIN: US80585Y3080, RU0009029540, RU0009029557Listed: Frankfurt in Open Market (Entry Standard) ; MICEX, RTSCategory Code: MSCTIDM: SBERSequence Number: 1896Time of Receipt: Feb 14, 2014 16:17:02 End of Announcement EquityStory.RS, LLC News-Service ---------------------------------------------------------------------------

UK-Regulatory-announcement transmitted by DGAP - a company of EQS Group AG.The issuer is solely responsible for the content of this announcement.

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.